|
|
|
|
Mortgage Loan Products
|
Product
|
Type
|
Purpose
|
Maximum
|
LTV
|
CLTV
|
Caps
|
Index
|
|
One Year ARM
|
Primary
|
Purchase
|
1,000,000
|
85
|
90
|
2,2,6
|
1 Yr T-Bill
|
| |
Primary
|
Refi/Cash-Out Refi
|
1,000,000
|
80
|
85
|
2,2,6
|
1 Yr T-Bill
|
| |
Secondary
|
Purchase
|
1,000,000
|
80
|
80
|
2,2,6
|
1 Yr T-Bill
|
| |
Secondary
|
Refi/Cash-Out Refi
|
1,000,000
|
75
|
75
|
2,2,6
|
1 Yr T-Bill
|
| |
Investor
|
All
|
1,000,000
|
75
|
75
|
2,2,6
|
1 Yr T-Bill
|
| |
Condo-Hotel
|
All
|
1,000,000
|
70
|
70
|
2,2,6
|
1 Yr T-Bill
|
|
Three/One ARM
|
Primary
|
Purchase
|
1,000,000
|
85
|
90
|
2,2,6
|
1 Yr T-Bill
|
| |
Primary
|
Refi/Cash-Out Refi
|
1,000,000
|
80
|
85
|
2,2,6
|
1 Yr T-Bill
|
| |
Secondary
|
Purchase
|
1,000,000
|
80
|
80
|
2,2,6
|
1 Yr T-Bill
|
| |
Secondary
|
Refi/Cash-Out Refi
|
1,000,000
|
75
|
75
|
2,2,6
|
1 Yr T-Bill
|
| |
Investor
|
All
|
1,000,000
|
75
|
75
|
2,2,6
|
1 Yr T-Bill
|
| |
Condo-Hotel
|
All
|
1,000,000
|
70
|
70
|
2,2,6
|
1 Yr T-Bill
|
|
Five/One ARM
|
Primary
|
Purchase
|
1,000,000
|
85
|
90
|
2,2,6
|
1 Yr T-Bill
|
| |
Primary
|
Refi/Cash-Out Refi
|
1,000,000
|
80
|
85
|
2,2,6
|
1 Yr T-Bill
|
| |
Secondary
|
Purchase
|
1,000,000
|
80
|
80
|
2,2,6
|
1 Yr T-Bill
|
| |
Secondary
|
Refi/Cash-Out Refi
|
1,000,000
|
75
|
75
|
2,2,6
|
1 Yr T-Bill
|
| |
Investor
|
All
|
1,000,000
|
75
|
75
|
2,2,6
|
1 Yr T-Bill
|
| |
Condo-Hotel
|
All
|
1,000,000
|
70
|
70
|
2,2,6
|
1 Yr T-Bill
|
|
Five Year Balloon
|
Primary
|
Purchase
|
1,000,000
|
85
|
90
|
NA
|
NA
|
| |
Primary
|
Refi/Cash-Out Refi
|
1,000,000
|
80
|
85
|
NA
|
NA
|
| |
Secondary
|
Purchase
|
1,000,000
|
80
|
80
|
NA
|
NA
|
| |
Secondary
|
Refi/Cash-Out Refi
|
1,000,000
|
75
|
75
|
NA
|
NA
|
| |
Investor
|
All
|
1,000,000
|
75
|
75
|
NA
|
NA
|
| |
Condo-Hotel
|
All
|
1,000,000
|
70
|
70
|
NA
|
NA
|
|
15 or 30 Year Fixed
|
Primary
|
Purchase
|
1,000,000
|
85
|
90
|
NA
|
NA
|
| |
Primary
|
Refi/Cash-Out Refi
|
1,000,000
|
80
|
85
|
NA
|
NA
|
| |
Secondary
|
Purchase
|
1,000,000
|
80
|
80
|
NA
|
NA
|
| |
Secondary
|
Refi/Cash-Out Refi
|
1,000,000
|
75
|
75
|
NA
|
NA
|
| |
Investor
|
All
|
1,000,000
|
75
|
75
|
NA
|
NA
|
| |
Condo-Hotel
|
All
|
1,000,000
|
70
|
70
|
NA
|
NA
|
|
1-4 Family Construction
|
Pre-Sold
|
1,000,000
|
6 Months
|
80
|
80
|
None
|
Prime
|
| |
Pre-Sold
|
1,000,000
|
9 Months
|
80
|
80
|
None
|
Prime
|
| |
Speculative
|
1,000,000
|
9 Months
|
70
|
70
|
None
|
Prime
|
| |
Speculative
|
1,000,000
|
12 Months
|
70
|
70
|
None
|
Prime
|
|
1-4 Family Second Mortgage
|
HELOC
|
700,000
|
240 Months
|
80
|
NA
|
1,6
|
Prime
|
| |
Fixed
|
700,000
|
180 Months
|
80
|
NA
|
Fixed
|
Fixed
|
| |
6 month ARM
|
700,000
|
180 Months
|
80
|
NA
|
1,6
|
Prime
|
|
|
|
|
|
|
|
