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FIRST FIDELITY CENTERS


FEATURED ADVERTISER: RESIDENTIAL LOANS
100% Cash Out - Refinance Loans
It's True! We now offer you the opportunity to cash-out the accrued Equity in your Investment Properties. Perhaps your property has substantially risen in value over the past year(s). Now you can tap out any or all of that Equity to use for other purposes, such as for purchasing additional properties!

The Cash-Out loans require that you have owned the property for at least 12 months. There are restrictions that limit how much cash-in-hand you may receive in certain cases.

The Sample Payment is based upon cashing out 100% of a property valued at 150k. This consists of a 120k 1st mortgage combined with a 30k 2nd mortgage, which eliminates the need for Mortgage Insurance(PMI). Please keep in mind that the requirements for cashing out 80% or less of your property's value are much less stringent than those posted below:


Special Terms and Features
CREDIT SCORE & DOCUMENTATION
Full Income, Asset and Job Verification: 660
NO Income Verification: 680+ (cash-out up to 95%)
NO Income or Asset Verification: 680-720 (cash-out up to 95%)
NO Income, Asset or Job Verification: n/a (cash-out up to 95%)
LOAN OPTIONS
Eligible Property Types: 1-4 unit incl. Duplex, Condo, Townhome
Ineligible Property Types: Mobile, Mfd, 5+ Unit Residential
Fixed-Rate Options: Choice of 2, 3, 5, 15 or 30 years
Mortgage Insurance: NONE REQUIRED
Interest-Only Payments: YES
Minimum/Maximum Loan Size: 100k/800k
OTHER
ALL CASH-OUT LOANS REQUIRE: 12 months ownership of property
Geographic Restrictions: may not be available in AK,AR,MN


Special Offer

Ad Partners
http://www.therealestatehomeshow.com/

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