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"King of No Cost First Mtg and Home Equity Loans"

 

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Home Equity Line of Credit

EFFECTIVE  AS OF 7-6-06

 

No  Closing Cost*

 Intro Rate of 5.99%APR** for the first 6 months

Interest  Only Payments

Sample

$100,000     Payment = $499.17

then

Prime  - 1/2%

for life of loan!

CURRENT RATE  7.75% APR*

This program has the following outstanding features:

                         1.  NO CLOSING COST. 

                         2.  Loan to value 80%.  Other Line programs up to 100% loan to value.

                         3.  Interest only payments. 

                         4.  $25,000 minimum draw.

                         5.  Fixed Rate Lock-In option.

** Minimum Draw 25K, the APR may vary, Minimum APR 6%  Max. 18%, Property Insurance is required

* Lender Paid Closing Cost recaptured if loan closed within 3 years

 

 You control your finances with our zero closing costs LINE OF CREDIT. 

With prime rate rising you have the advantage of locking in your balance into a fixed rate below prime for an extended period of time. This is a distinct advantage, especially when there are no closing cost. See Our Special Program 

Total flexibility allows you to draw and replace principal at your convenience. Best of all, your minimum monthly payment is interest only on any outstanding balance. 

Go estimate your payments.

*Rates and terms subject to change.

Secure Online Application

Short Inquire Form 

 

 

Copyright © 1999 [First American Funding, Inc.]. All rights reserved.
Revised: September 18, 2006 .