Monday, July 2, 2007

refinance with bad credit

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Type of loan
Refinance Home Equity Home Purchase Debt Consolidation
Type of home
Single Family Multi Family Condo Town Home
Property location*
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Type of loan
Refinance Home Equity Home Purchase Debt Consolidation
How much would you like to borrow?
$ 75,000 - 80,000 80,001 - 85,000 85,001 - 90,000 90,001 - 95,000 95,001 - 100,000 100,001 - 105,000 105,001 - 110,000 110,001 - 115,000 115,001 - 120,000 120,001 - 125,000 125,001 - 130,000 130,001 - 135,000 135,001 - 140,000 140,001 - 145,000 145,001 - 150,000 150,001 - 155,000 155,001 - 160,000 160,001 - 165,000 165,001 - 170,000 170,001 - 175,000 175,001 - 180,000 180,001 - 185,000 185,001 - 190,000 190,001 - 195,000 195,001 - 200,000 200,001 - 210,000 210,001 - 220,000 220,001 - 230,000 230,001 - 240,000 240,001 - 250,000 250,001 - 260,000 260,001 - 270,000 270,001 - 280,000 280,001 - 290,000 290,001 - 300,000 300,001 - 310,000 310,001 - 320,000 320,001 - 330,000 330,001 - 340,000 340,001 - 350,000 350,001 - 360,000 360,001 - 370,000 370,001 - 380,000 380,001 - 390,000 390,001 - 400,000 400,001 - 420,000 420,001 - 440,000 440,001 - 460,000 460,001 - 480,000 480,001 - 500,000 500,001 - 520,000 520,001 - 540,000 540,001 - 560,000 560,001 - 580,000 580,001 - 600,000 600,001 - 620,000 620,001 - 640,000 640,001 - 660,000 660,001 - 680,000 680,001 - 700,000 700,001 - 720,000 720,001 - 740,000 740,001 - 760,000 760,001 - 780,000 780,001 - 800,000 800,001 - 820,000 820,001 - 840,000 840,001 - 860,000 860,001 - 880,000 880,001 - 900,000 900,001 - 920,000 920,001 - 940,000 940,001 - 960,000 960,001 - 980,000 980,001 - 1,000,000 Over 1,000,000
You can borrow up to 105% of the value of your home
How is your credit?
Excellent Good Fair Poor
Bad credit is ok
Property phone area code*
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three-digit telephone area code
Phone number *
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1Rate is variable and subject to change. After the initial fixed-rate period, the rate will adjust every 6 months. The initial, minimum payment on a 30-year $150,000, 5-year Adjustable Rate Loan and 80% LTV is $438, with 1.25 points due at closing. The minimum payment is based on a rate that is implied solely for the purpose of calculating the minimum payment which in this example is 3.5%. Interest will accrue at a rate of 6.50%. Paying only the minimum payment will result in deferred interest or negative amortization since you will not be paying all of the interest that is owed each month. The unpaid interest is added to principal. Interest can be deferred until the outstanding principal balance is 15% (10% in New York) higher than the original loan amount. If the maximum limit is reached during the first 5 years, the payment automatically converts to an interest only payment. In this example, the maximum limit will be reached in the 53rd month, which is when the loan amount reaches $172,500.00. At this point, the minimum payment will convert to an interest-only payment of $934.12. After 5 years, the interest only payment is $1,077.84. After 10 years, the principal and interest payment is $1389.28. The Annual Percentage Rate is 7.386%. Rates could change daily. Actual payments and rates may vary depending on individual client situation and current rates. Some restrictions may apply.
InstantLenderMatch is not acting as a lender or a broker. The information provided by you to InstantLenderMatch is not an application for credit or a mortgage loan and the information will not be used to pre-qualify you with any lender. InstantLenderMatch will not check your credit history or verify the information you provide. If you are contacted by a lender or broker within our network, that lender or broker may provide a rate quote based on property location, credit score, loan-to-value ratio, debt-to-income ratio, and other factors. InstantLenderMatch does not distribute the products of all lenders or brokers in the marketplace and therefore cannot guarantee the lowest price or best terms available in the market.
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