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SAMPLE LOAN QUOTE
Prepared for:
Client
No
Costs, No Points & No Fees Refinance
1.25% with a 40-Year Amortization
REFINANCE
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Option 1
Low Rate |
Option 2
Interest Only |
Option 3
P
& I |
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Appraisal
Value |
$625,000 |
$625,000 |
$625,000 |
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LTV |
80% |
80% |
80% |
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Loan Amount |
$500,000 |
$500,000 |
$500,000 |
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Amortization |
40 Years |
40 Years |
40 Years |
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Interest Rate |
1.25% |
6.15% |
6.15% |
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Monthly
Payment |
$1,324 |
$2,562 |
$2,803 |
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Lock Period |
45 Days |
45 Days |
45 Days |
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Costs |
ZERO |
ZERO |
ZERO |
With a
Flex Payment loan, you get to choose each month either
option 1, 2 and 3 to pay to the mortgage company. The
choice is yours.
Notes:
40-Year Amortization, Margin = 2.75%, Life Cap (Interest
Cap) = 9.95%
Note
rate = 6.15% = 2.75% margin + 3.4% MTA index.
No
Prepayment Penalty.
Stated Income and Assets, Minimum FICO 680, Owner
Occupied & SFR.
To receive a
FREE Loan Quote, please
fill out one of our FREE Loan
Quote pages. We only ask a few questions, so it
will only take a minute to fill out either page.
Free Refinance Quote:
Click HERE
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