Remember, however, that although the mini-bond program is geared
to entrepreneurs, you're still expected
to present the traditional touchstones of creditworthiness: a strong balance sheet, adequate collateral and
acceptable loan -
to -
value ratios.
Loan Assumptions: ● Conforming loan Annual Percentage Rate calculations assume a fully documented loan amount of $ 300,000 on an acceptable owner - occupied detached single family residence (SFR) with a loan - to - value ratio of less than 80 % and an impound account for taxes and insura
Loan Assumptions: ● Conforming
loan Annual Percentage Rate calculations assume a fully documented loan amount of $ 300,000 on an acceptable owner - occupied detached single family residence (SFR) with a loan - to - value ratio of less than 80 % and an impound account for taxes and insura
loan Annual Percentage Rate calculations assume a fully documented
loan amount of $ 300,000 on an acceptable owner - occupied detached single family residence (SFR) with a loan - to - value ratio of less than 80 % and an impound account for taxes and insura
loan amount of $ 300,000 on an
acceptable owner - occupied detached single family residence (SFR) with a
loan - to - value ratio of less than 80 % and an impound account for taxes and insura
loan -
to -
value ratio of less than 80 % and an impound account for taxes and insurance.
This means that you will be able
to borrow most of the cost of your home at a high
loan to value ratio, if your credit and income are
acceptable.