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EFFECTIVE February 16, 2012
RISK BASED PRICING APPLIES
Contact Ronny Haynes or Maria Diaz at (432)
580-7108 for Mortgage or Business Loans.
| FIRST LIEN REAL ESTATE – Purchase / Refinance / Home Equity / Home Loans |
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| SECOND LIEN REAL ESTATE – Home Equity / Home Loans |
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| Up To 60 Months |
6.00% APR*
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| Up To 120 Months |
6.50% APR*
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.25 DISCOUNT ON LOANS WITH 60-75% LTV
ADDITIONAL .25 DISCOUNT ON LOANS WITH LESS THAN 60% LTV
MAXIMUM DISCOUNT IS 0.50%
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RISK
BASED PRICING GUIDE APPLIES TO MORTGAGE, HOME EQUITY AND HOME
IMPROVEMENT |
GRADE |
SCORE |
%
DIFFERENCE (RATE) |
A |
700 & OVER |
STATED RATE
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B |
650-699
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C |
600-649
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0.50% OVER STATED RATE |
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**********NO RATE WILL EXCEED 18.00%**********Other regulatory restrictions apply*********
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When rates are quoted, the A Grade or lowest rate will be used.
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BUSINESS LOANS
Rates Will Be Assigned Based On Current
Market Conditions & Type Of Collateral. |
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* APR = Annual Percentage Rate.
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