posted Jun 11, 2015, 12:03 PM by Massey Kouhssari
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updated Jul 1, 2015, 5:45 PM
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Non-QM / Non-Prime 2nd Mortgages are BACK!! |
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| Stated Income 2ND MORTGAGE/HELOC RATESAll Mortgage loan rates are for PFN Customers only. Rates Effective June 1, 2015 Variable Rate Home Equity Line of Credit Loans| Min. Subsequent Advances: Full amount of line | | Index from Wall Street Journal Prime Rate + Margin = APR*. Changes in January, April, July and October | | No Annual Renewal Fees. Please ask about closing costs. | | *APR = Annual Percentage Rate. Annual Percentage Rate may vary. | | Term: | 15 Yr and 30yr option | Margin: | 3.50% | | Variable Rate: | upto 80% LTV | Index: | 8.25% APR* | | Interest Rate: | 11.75% APR* | Min./Floor Rate: | 11.75% APR* | | Points: | 3 points max | Max./Cap Rate: | 12.00% APR* | | Max. Line of Credit: $250,000 | | Min. Line of Credit: $5,000 |
Fixed Rate Stated Income Real Estate Loans| | 10 Year | 15 Year | 30 Year |
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| 1st Trust Deeds | 6.75.00% APR* | 6.95% APR* | 7.75% APR* | | 2nd Trust Deeds | 6.25% APR* | 11.75.50% APR* | 11.95.75% APR* | | $250,000 Max, $10,000 Min; 80 % LTV | | Payment example: APR = Annual Percentage Rate. Pay $11.36 per month, per $1,000 borrowed at 6.50% for 120 months. The payments do not include amounts for taxes and insurance premiums, if applicable, and that the actual payment obligation will be greater, should be posted. | Back by popular demand, Second Trust Deed Mortgage Loan!
Happy with your current 3% 1st TD, Great Keep it! Pull cash out with the most Aggressive and Only Non-QM 2nd TD in the Market!
Borrowers Qualify with: - 1 day seasoning from Short Sale
- 1 year seasoning from Foreclosure or BK
- Up to 80% CLTV
- Up to $1mil. combined loan amount
- Loan amounts up to $350,000
- Bank Statements used for income self employed
Call 949-244-1880 |
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