Sentences with phrase «maximum original loan»

The following minimum and maximum original loan amounts apply to super conforming mortgages that have Freddie Mac funding or settlement dates on or after January 1, 2013 through December 31, 2013:

Not exact matches

c) If the property was acquired less than one year before the loan application, and the existing loan is not an FHA loan, the original sales price, must be considered in calculating the maximum mortgage.

An early closure fee of 1 % of the original loan amount applies if the account is closed within 1 year, with a $ 50 minimum and $ 100 maximum.

Last, the maximum loan term is the term of the original VA loan plus 10 years, not to exceed 30 years and 32 days.

If the original balance of the loan is less than $ 25,000, the maximum legal interest rate is more than 5 % above the FRBSF Discount Rate at the time the loan is made.

Initial escrow related funding costs may apply; c) an early closure fee of 1 % of the original loan amount, maximum $ 500, will apply if the loan is paid off and closed within the first three years; d) customers can choose to remove the early closure fee by paying an origination fee of 1 % of the loan amount, maximum $ 500.

The maximum amount of negative amortization permitted on an ARM, usually expressed as a percentage of the original loan amount (e.g., 110 %).

Last, the maximum loan term is the term of the original VA loan plus 10 years, not to exceed 30 years and 32 days.

And the last «5» is the maximum amount the interest rate can adjust from the original rate over the life of the loan.