Home Loan Fixed Rate
Home Loan Adjustable Rate Mortgage
Home Equity Line of Credit
Commercial - Business - Agricultural
Consumer Loan
Car - Boat - Personal
Required
Documentation
Loan application; credit report; appraisal; income verification; asset verification Loan application; credit report; appraisal; income verification; asset verification Appraisal; credit report; Title insurance Last 3 years' financial statements and tax returns; monthly financial statement; recent A/R & A/P listings; personal fin. statement & 2 years personal tax returns Tax return or last pay stub; application
Closing
costs
Appraisal; credit report; title insurance; escrow deposit for taxes and insurance; misc. fees Appraisal; credit report; title insurance; escrow deposit for taxes and insurance; misc. fees Misc. fees (filing, title work, etc.) Fees dependent on collateral
Features Consistent payment; low down payment Lower initial rate, fixed at 1,3, or 5 years; caps on rate increases; low down payment Uses equity in residence; favorable interest rates; interest MAY be tax deductible Quick turn-around time; no appointment needed