Second Mortgage 90 LtvMortgage second 90 Ltv
Loans of up to 500,000 with a cumulative exposures of 2,000. Therefore, our physician credit allows a higher lending threshold and lower down payments than a traditional mortgage *for qualified physicians (MD and DO) and dental professionals (DDS and DMD).
Mortgage will be on a prime, single-family home. or a 7/1 ARM (Adjustable rate Mortgage). Mortgagors who have bought the real estate in question within the last six month are entitled to a disbursement refinancing if all of the following conditions are met: This new amount is not higher than the actually recorded amount of the borrower's original purchase cost plus the cost of closure, prepayments and points (subject to the LTV, CLTV and HCLTV rates ceilings for the transaction).
It was a normal market acquisition. A HUD-1 certifies that no mortgage finance has been used for the acquisition of the object in question. You can document the origin of the money for the purchasing process (bank statement, credit card, HELOC on another property). The new HUD-1 will repay all credits used as a purchasing resource.
Any other conditions for refinancing disbursements have been fulfilled and disbursement prices have been set. Please note: The prior research of titles may not mirror any lien on the real estate in question. The new HUD-1 must represent the uncollateralised debt or HELOC (secured by another real estate) if the origin of the funding for the acquisition of the real estate was an uncollateralised debt or HELOC (secured by another real estate), which will be disbursed with the revenue from the new refinancing operation.
Currently, if you have a Fannie Mae or Freddie Mac mortgage, you can benefit from our HARP programme. With this programme you can quickly and simply fund your loans with up to 200% LTV (Loan To Value). The HARP programme is unique in that although your loans must be Fannie Mae or Freddie Mac, you can still get qualified for the programme as it is maintained from another school.
Please do not hesitate to get in touch with us if you would like to re-finance your Fannie Mae or Freddie Mac Senior Term Facility. Our wide range of programmes make buying a US home a simple and uncomplicated procedure. The interest rate for our credits does not depend on the creditworthiness, but on the situation of the real estate and the amount of credits.
Please do not hesitate to get in touch with us today to talk about your individual needs and let us offer you a full credit plan at the most advantageous price. All special programs are changeable without prior notification.