Small Portfolio Loan Program - $200,000 to $750,000

Small Portfolio Loan Program - $200,000 to $750,000

 

 

Owner Occupied and Investor Properties (Min 80% Occupied)

This Program Picks Up the Appraisal Cost $1,500 tp $2,000 and title work on refi’s

 

75% LTV Purchase, Refinance and 2nd Mortgages

75% Line of Credit for Cash Out for Any Reason

5% Seller Carry Back Seconds Allowed to Max of 75% CLTV

 

 

Rates for INVESTOR properties are as follows deduct 0.50% for 51% + OWNER  OCCUPIED properties:

 

 

                                                $200K - $250K                        $251K - $400K                        $401K - $750K

 

Term                Amortization    Rate                             Rate                             Rate

5 yr Fixed         25 yrs               5.04%                          4.69%                          4.54%

10yr Fixed        25 yrs               6.24%                          5.84%                          5.74%

15 yr Fixed       15 yrs               5.94%                          5.51%                          5.41%

 

Prepay Penalty for all programs: 3,3,3

Contact – Susan Lam – RoyalRealty@live.com - (832) 819-1822

 

 

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