| Communities |
PUBLIC UTILITIES |
CISTERNS/SEPTIC |
PUBLIC UTILITIES |
PUBLIC UTILITIES |
|
| MINIMUM CREDIT SCORE |
680 |
680 |
680 |
680 |
|
| MAXIMUM DTI RATIO |
42% |
35% |
42% |
42% |
|
| MAXIMUM LOAN TO VALUE |
70-75% |
65% |
70% |
60% |
|
| MINIMUM LOAN AMOUNT |
$100,000 |
$50,000 |
$150,000 |
$100,000 |
|
| |
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|
| FULL DOC PROGRAM |
YES |
YES |
YES |
YES |
|
| ALTERNATE DOC PROGRAM |
NO |
NO |
CALL |
NO |
|
| STATED INCOME PROGRAM |
NO |
NO |
|
NO |
|
| NO DOC/NO RATIO |
NO |
NO |
|
NO |
|
| ORIGINATION FEES |
3.0% |
3.0% |
4.0% |
3.0% |
|
| |
|
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|
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|
| 30 YEAR FIXED FULL DOC |
8.25% to 8.50% |
|
|
|
|
| 30 YEAR FIXED ALT DOC |
|
|
|
|
|
| 30 DUE IN 15 FULL DOC* |
|
8.75% |
|
|
|
| . |
|
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|
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|
| 25 YEAR FIXED FULL DOC |
8.25% to 8.50% |
|
|
|
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| |
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|
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|
| 20 YEAR FIXED FULL DOC |
8.125% to 8.375% |
5/15 ARM 7.99% |
|
|
|
| 20 YEAR FIXED ALT DOC |
|
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| |
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|
|
|
| 15 YEAR FIXED FULL DOC |
8.00% to 8.25% |
5/10 ARM 7.80% |
|
8.25% to 8.50% |
|
| |
|
|
|
|
|
| 10 YEAR FIXED FULL DOC |
|
5/5 ARM 7.59% |
|
|
|
| 10/20 ARM FULL DOC |
8.625% |
|
|
|
|
| 10/20 ARM ALT DOC |
9.125% |
|
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|
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| |
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| RESET 5 YEAR LOANS 30yr AMORTIZED |
|
|
8.25% |
|
|
| RESET 7 YEAR LOANS 30yr AMORTIZED |
|
|
8.50% |
|
|
| |
|
|
|
|
|
| 3/27 ARM FULL DOC |
6.75% to 7.00% |
|
|
|
|
| 3/27 ARM ALT DOC |
|
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|
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| |
|
|
|
|
|
| 5/25 ARM FULL DOC |
6.75% to 7.00% |
|
|
|
|
| 5/25 ARM ALT DOC |
|
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|
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|
| Lender Fee (Upfront) |
|
|
|
|
|
| BROKER FEES |
1250 |
1250 |
1250 |
1250 |
|
| MEX Closing Agent |
1550+DOCS |
1550+DOCS |
1550+DOCS |
1550+DOCS |
|
| PREPAYMENT PENALTY |
2% For 2 years |
2% For 5 Years |
3%=YR1
2%=YR2
1%=YR1
|
2% For 2 years |
|
| Rates are subject to change without notice |
|
Construction loans available |
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