Turn Times Credit Required Down Cash/Equity Required* Approx. Rates Advance App Fee* App Fee Refundable* Lender Points Non-Advance Loan Costs Financeable* Minimum Loan Size* Equity Points Amortization Fixed Rate/
Payment Period
Balloon Due Date Interest-Only Deferred Interest Prepay Restriction Discount
5-8 days Ignored 35% 11-18% $500 Yes 3-12% Yes 100k 0% none 1-5 yrs 1-5 yrs yes none varies
5-10 days
 
510 0+% 14-18% $1000 No 4-5% Yes 50k 0% none 6 mos 6 mos yes none 3 mos
2-3 wks 400+ 0-15% 9-13% none N/A 4-6% Yes 150k 0% 30-50 yrs 2-5 yrs none none none 2 yrs
2-3 wks 580+ 0% 6-9% none N/A 2-4% Yes 150k 0% 30-50 yrs 2-30 yrs none available available 2 yrs
3-6 wks 660+ 0% 4.5-7% none N/A 1-2% Yes 100k 0% 10-40 yrs 6 mos-40 yrs 3-7 yr avail available available available
3-4 wks 720+ 0% 5-6.5% none N/A 0-2% Yes 80k 0% 10-30 yrs 3-30 yrs 3-7 yr avail available available none
                               
3-6 wks 620+ 0-10% 6+% none N/A 2-5% Yes 150k 0% none 3-18 mos 3-18 mos yes available none
2-4 wks 600+ 5-25% Prime+ Varies Varies 2-10% Yes 250k 0-10% none none 3-18 mos yes available none