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| Best Score program |
| 100% financing* from First Franklin. |
| Interest-Only RapidRefi® |
| 50-year home loan |
| 100% combo financing up to $1.5 million |
| Commercial Loan |
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Best Score program
Now you can use the highest qualifying FICO* of all applicants to drive high LTVs and loan amounts, regardless of income contribution percentage.
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*Both borrowers must have a minimum qualifying score of 540 for single liens
and 580 for combos.Qualifying score is determined using the middle of three or
lower of two FICO scores with 3 qualifying trade lines. Score must be pulled
by First Franklin. | |
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100% financing* from First Franklin.
- 100% Full Doc combo financing* up to $1.5 million
- 100% Full Doc single liens* up to $950,000
- Add the interest-only** feature to reduce monthly payments
- Up to 55.49% DTI***
- No verification of rent or canceled checks required
First to nothing down*.
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*No down payment, some closing costs may be required.
**During the interest-only period, interest-only payments will not reduce the principal balance.
***100% LTV at 580-599 FICO, DTI up to 50.49%. 100% LTV/CLTV > 600 FICO, DTI up to 55.49%. | |
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Interest-Only RapidRefi®
Our Interest-Only* RapidRefi® program is available with an interest-only* option to shrink monthly payments and help your refi customers first.
- Up to 90% LTV > 600 FICO
- No earned income documentation required
- 18-month mortgage rating: 0 x 30 on current mortgage and property
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| *During the interest-only period, interest-only payments will not reduce the principal balance. |
This information is intended for use by real estate professionals only, and is not to be distributed to the general public. All loan programs, terms and rates are subject to change without notice. Additional terms and conditions may apply. Loan approval, rate and terms are dependent on your borrower's credit score and financial history.
© 2006 First Franklin. All rights reserved. First Franklin is an equal housing lender. First Franklin is a division of National City Bank. The corporate office is located at 2150 North First Street, San Jose, CA 95131. Loan programs are not available in all states. www.ff.com. |
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50-year home loan
Get large loan amounts and low, principal-reducing payments--in one convenient package.
Call your account executive today
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100% combo financing up to $1.5 million
80/20 combo financing* program is first to bring you big purchase loan amounts with no down payment*.
- Full Doc 80/20 combo* up to
$1.5 million
- DTI up to 55.49%
- Adjustable or fixed rates available, with 30, 40 or 50-year amortization terms
- Owner-occupied SFR, PUD,
2-units or condos
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| *No down payment, some closing costs may be required. Purchase only. |
This information is intended for use by real estate professionals only, and is not to be distributed to the general public. All loan programs, terms and rates are subject to change without notice. Additional terms and conditions may apply. Loan approval, rate and terms are dependent on your borrower's credit score and financial history.
© 2006 First Franklin. All rights reserved. First Franklin is an equal housing lender. First Franklin is a division of National City Bank of Indiana. The corporate office is located at 2150 North First Street, San Jose, CA 95131. Loan programs are not available in Alaska and Hawaii. www.ff.com. |
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Commercial Loan
Mix uses.
Multi-unit apts - 5+ units.
Office Building.
Warehouse.
Retail Building.
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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