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First Time Home Buyer ] First Mortgage ] Home Equity Fixed Rate ] Home Equity Line of Credit ] Home Improvement ] No Closing Cost Programs ] New - Special Fixed Rate Line of Credit ]

Home Equity Fixed Rate

EFFECTIVE AS OF

7-1-06

 

 

LOAN AMOUNTS FROM  $50,000 to $500,000.00

Can be used for either first or second mortgages

  

Interest Rates

 as low as

 

6.24%* 

 

 

 6.74%*

 

 

6.99%*

  

7.24%*
Term             5 Years      10 Years       15 Years        

20 Years 

To determine payments, please use our calculator.

 

1.  Application approval within 24 hours of loan application.

2.  No appraisal required for loans below $100,000.

3.  Easy loan application process.

4.  Loans based on 80% loan to value.  Other programs available up to 100% loan to value.

5.  For loans from $125,000 to $500,000 there are NO CLOSING COSTS under the fixed rate for 15 years. 

 

*Some restrictions may apply. Rates are subject to change.

Other rates and terms available.

 

Equal Housing Lender

 

 

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

 

 

NO CLOSING COST PROGRAMS*

EFFECTIVE AS  OF 7-6-06

 

 

1st or 2nd Mortgage

 

LOAN AMOUNTS FROM $20,000 TO $150,000

7.24%*APR

Maximum Term:  Up to 240 months (20 Year)

89%  Loan to Value

Sample

Loan $100,000.00   Payments  for  240 Months is $789.77

Lender Paid closing cost recaptured if loan closed within 3 years

 *Some restrictions may apply. Rates and Terms are subject to change.  Other rates and terms available.

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1st or 2nd Mortgage

                

LOAN AMOUNTS UP TO $75,000

8.99%*    APR

95%  Loan to Value

Sample

Loan $75,000.00   Payments  for 180 Months is $760.25

Term:  Up to 180 months (15 Year)

*Some restrictions may apply. Rates and terms are subject to change.

Other rates and terms available.

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LINES OF CREDIT

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

PRIME MINUS 1/2

Life of the Loan

NO CLOSING COST.  PRESENT RATE 7.75%APR*

** Minimum Draw 25K, the APR may vary, Minimum APR 5%, Max. 18%, Property Insurance is required.

SEE MORE INFORMATION IN OUR CREDIT LINE SECTION.

 

 

Purchase Mortgage &

First Mortgage

RATES CHANGE DAILY

Call  800-366-7684

or

E-mail @ application@firstamericanfunding.com for details

*Some restrictions may apply. Rates and Terms subject to change. Please call for details.  Other rates and terms are available.  

Equal Housing Lender.  Equal Housing Opportunity.