POTENTIAL SOLUTIONS
LOW LOAN TO VALUE
Mortgage Rate: 5.49% - 6.99%
Lender Fee: 1.50% - 2.50%
Broker Fee: 1%
Term: Flexible, 1 month to 24 months
1st Mortgages only
Maximum 75% loan to value
Good credit score required
HIGH LOAN TO VALUE
Mortgage Rate: 8.99% - 15.99%
Lender Fee: 2.50% - 7.50%
Broker Fee: 1% - 5%
Term: Flexible, 1 month to 12 months
1st Mortgages, 2nd Mortgages, Combo
Maximum 90% loan to value
Fees and terms significantly vary
SMALL HOME EQUITY LOAN
Loan Rate: 8.99%
Lender Fee: $1,058 - $4,295
Broker Fee: 0%
Term: Flexible, 1 month to 24 months
Home Equity Loan up to $40,000
Maximum 85% loan to value
The lender charges an all-inclusive fee - no need to pay any other fees
Loan can be paid out in full anytime without incurring any penalty