Residential Mortgage
A Residential Mortgage Loan helps individuals buy, refinance, or renovate
homes.
Benefits: Potential home appreciation, fixed-rate options, and lower down payments.
Considerations: Requires good credit and proof of income, with mortgage insurance for down payments under 20%.
- Term: 5-30 Years Buy
- Rate: 8.5 – 14%
- Revenue Requirement: N/A
- Time in Business: 1+ Years
- Credit: 620 FICO
- Restricted States: None
- Restricted Industries: N/A
- ADB/Neg Days: N/A
- Fees: No BTC Fees
- Prepays: N/A
- Commission: 2 – 5%
