This new loan program will change the industry and is only found through ONE lender!
Available for purchase, refi and cash-out refi.
Below are a few of the benefits and 12/2/19 rate quote:
- Withdraw $ or pay down anytime in first 10 years, up to 80% LTV
- 3.68% rate, 3.68% APR 30 year fixed at 740 FICO, up to 80% LTV cash-out to $800,000
- Maximum DTI 55%, exceptions available above 55%
- Approximately $1,700 in TOTAL loan costs (title fees only)
- Close in 2-3 weeks
- NO condo project approval required
Why is it AWESOME? Because the borrower is able to receive additional cash-out anytime in the first 10 years and keep their 30 year fixed rate. So, purchase a home with 60% LTV and receive the ability to get cash-out up to 80% anytime in first 10 years and no adjustment to rate and get cash immediately. No additional loan necessary. This saves a ton of time and money for borrowers.
Call 949-484-6322 for more information.