Fannie Mae   $500,000 to $5,000,000

80%

Loan to Value

 

Interest rates lower for lower loan to value and higher debt service coverage.  Call for details.

Fixed Term

Rate

Amortization

Prepayment Penalty

5 years

7.11%

30 years

5-4-3-2-1

5 years

6.47%

30 years

Yield Maintenance

7 years

7.05%

30 years

2 Yr LO 5-4-3-2-1

7 years

6.50%

30 years

Yield Maintenance

10 years

6.62%

30 years

Yield Maintenance

15 years

7.08%

30 years

Yield Maintenance

30 years

7.42%

30 years

Yield Maintenance

Rate locked at loan approval.

 

Portfolio   $500,000 to $7,000,000+

80% Loan to Value

Seller second allowed to 85%

Fixed Term

Rate

Amortization

Prepayment Penalty

3 years

7.45%

30 years

3-2-1

5 years

7.45%

30 years

4-3-2-1

Above rates for 660+credit scores – lower credit scores allowed with higher interest rate.

 Section 8 and HUD properties allowed.

 More flexible occupancy requirements

Above rates for loan amounts to $3,000,000.  Rates lower for higher loan amounts.

 

.Special Products

Program

Fixed Term

Rate

Amortization

Non Recourse

10 years

Call for spreads

30 years

Earn Out

3 to 5 years

Above Portfolio Rates

30 years

Rehab / Floating

1-year

7.00%

Interest-Only

*Note: rates vary widely depending on borrower credit, LTV loan size, property condition, market conditions, and other factors.


Dobson Mortgage Corporation 501 N Walker Ave Suite 202 Oklahoma City, OK 73102-1622
Phone: Fax:

Contact Us | Home | Site Map | Customer Login | Daily Rate Lock Advisory

Copyright © 2012 Dobson Mortgage Corporation
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map