|
Pricing Matrix
Residential Properties
| Property Type |
Position |
Loan Amount |
Max LTV |
Interest Rate |
Terms |
Pre Pay |
Loan Program |
Cost |
Single Family
1-4 Units
O/O |
1st TD |
Under $625,500* |
60%** |
9%-12%*** |
15-30 years |
0-12 months |
I/O or P/A
Fixed Rate |
3%-4%**** |
Single Family
1-4 Units
O/O |
2nd TD |
Under $729,500* |
60%-65%** |
9%-12%*** |
15-30 years |
0-12 months |
I/O or P/A
Fixed Rate |
3%-4%**** |
Single Family
1-4 Units
O/O |
1st TD |
Over $729,500* |
65%** |
9%-12%*** |
15-30 years |
0-12 months |
I/O or P/A
Fixed Rate |
Negotiable |
Single Family
1-4 Units
O/O |
2nd TD |
Over $729,500* |
60%** |
9%-12%*** |
15-30 years |
0-12 months |
I/O or P/A
Fixed Rate |
Negotiable |
Single Family
1-4 Units
NOO |
1st TD |
Any Loan Amount |
60%** |
9%-12%*** |
15-30 years |
6-12 months |
I/O or P/A
Fixed Rate |
Negotiable |
Single Family
1-4 Units
O/O |
2nd TD |
Any Loan Amount |
60%** |
9%-12%*** |
1-5 years |
6-12 months |
I/O or P/A
Fixed Rate |
Negotiable |
Commercial
| Property Type |
Position |
Loan Amount |
Max LTV |
Interest Rate |
Terms |
Pre Pay |
Loan Program |
Cost |
| Commercial |
1st TD |
Any Loan Amount |
60%** |
9%-12%*** |
1-5 years |
6-12 months |
I/O or P/A
Fixed Rate |
Negotiable |
5+ Units
| Property Type |
Position |
Loan Amount |
Max LTV |
Interest Rate |
Terms |
Pre Pay |
Loan Program |
Cost |
Mixed Use
5+ Units |
1st TD |
Any Loan Amount |
60%** |
9%-12%*** |
1-5 years |
6-12 months |
I/O or P/A
Fixed Rate |
Negotiable |
Industrial
| Property Type |
Position |
Loan Amount |
Max LTV |
Interest Rate |
Terms |
Pre Pay |
Loan Program |
Cost |
| Industrial |
1st TD |
Any Loan Amount |
60%** |
9%-12%*** |
1-5 years |
6-12 months |
I/O or P/A
Fixed Rate |
Negotiable |
Purchases
| Property Type |
Position |
Loan Amount |
Max LTV |
Interest Rate |
Terms |
Pre Pay |
Loan Program |
Cost |
| Purchases |
1st TD |
Any Loan Amount |
60%-65%** |
9%-12%*** |
1-5 years |
6-12 months |
I/O or P/A
Fixed Rate |
Negotiable |
*Varies depending on county.
**Subject to Appraisal Review, Clean Title, and must pass CPL's underwriting guidelines.
***Rates vary from month to month and is determined by what county the property is located in.
****Negotiable - Varies from month to month, contact us for a quote.
We are not currently doing land or construction loans.
All Terms and Rates are subject to change. This rate sheet does not constitute a commitment to lend.
Download Matrix Sheet
|
|
