Financing Terms for Waterloo Estates
Rate |
Term |
Max DTI |
Lower of LTV
or LTC |
Residency Requirement |
Appraisal
Required |
Title Opinion |
4.50% plus
.50% fee |
120 amortization/
36 month balloon |
45% |
80% |
Continental US |
yes |
yes |
|
|
|
|
|
|
|
4.75% plus
.50% fee |
120 amortization/
60 month balloon |
45% |
80% |
Continental US |
yes |
yes |
|
|
|
|
|
|
|
4.75% plus
.50% fee |
24 months
Interest Only |
45% |
70% |
Continental US |
yes |
yes |
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