| RISK BASED LOAN RATES |
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April
2008 |
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| CREDIT SCORE |
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PERSONAL |
Base Rates for SECURED- <95% LTV |
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| RANGE |
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LOANS |
24 |
36 |
48 |
60 |
72 |
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| 730+ |
A |
6.25% |
5.75% |
6.00% |
6.25% |
6.50% |
7.00% |
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| 680-729 |
B |
7.25% |
6.00% |
6.25% |
6.50% |
6.75% |
7.25% |
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| 640-679 |
C |
9.25% |
6.50% |
6.75% |
7.00% |
7.25% |
7.75% |
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| 600-639 |
D |
11.25% |
8.50% |
8.75% |
9.00% |
9.25% |
9.75% |
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| 550-599 |
E |
12.25% |
10.50% |
10.75% |
11.00% |
11.25% |
12.00% |
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| 549 or less |
F |
14.25% |
14.50% |
14.75% |
15.00% |
15.25% |
15.75% |
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| LOANS UNDER $1,000: |
Over 95% LTV add 50 basis points (1/2%) |
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| 640 and above |
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13.90% |
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| 639 and below |
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18.00% |
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Single Wide |
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Manufactured |
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| HOME EQUITY LOANS |
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Homes 10-20%Down |
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| Credit Score |
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30 |
60 |
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30 |
60 |
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| 730+ |
A |
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6.50% |
7.25% |
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7.50% |
8.00% |
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| 680-729 |
B |
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6.75% |
7.50% |
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8.00% |
8.50% |
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| 640-679 |
C |
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7.25% |
8.00% |
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8.50% |
9.00% |
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| 600-639 |
D |
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9.25% |
10.00% |
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10.50% |
11.00% |
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| 550-599 |
E |
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11.25% |
12.00% |
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12.50% |
13.00% |
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| 549 or less |
F |
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13.25% |
14.00% |
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14.50% |
15.00% |
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| LTV > 90% with other collateral = Base + 1/2% |
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| HOME EQUITY LINES OF CREDIT= |
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PRIME RATE AS OF THE END OF THE MONTH |
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| FIXED RATE MORTGAGES: As of 5-09-08 the 30 year rate was about 6.25%; |
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| the 15 year rate was about 5.75%. These rates may change during any given day and may vary depending |
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| on the size of the loan. The costs may vary depending on the purpose of the loan, the loan to value and your credit score, so please call us for the current rates and costs. Rates have been changing from day to day and even during the day. If you are shopping rates please compare rates on the same day. |
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| BALLOON LOAN FIRST MORTGAGES (20% down) |
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| DOUBLE WIDE MANUFACTURED HOMES Amortization up to 30 years |
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| Credit Score |
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Balloon Rate Period |
30 |
60 |
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| 730+ |
A |
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5.75% |
6.50% |
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| 680-729 |
B |
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6.00% |
6.75% |
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| 640-679 |
C |
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6.25% |
7.00% |
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| 600-639 |
D |
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6.75% |
7.50% |
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| 550-599 |
E |
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7.75% |
8.50% |
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| 549 or less |
F |
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9.75% |
10.50% |
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| KWIK CASH LOANSARE PRIME RATE + 2.50% AS OF THE END OF MONTH |
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| SAVINGS SECURED |
3.75% |
ON A 1 YR. BALLOON TO ADJUST FOR RATE CHANGES |
| CERTIFICATE SECURED |
Greater of 2% over the Certificate Rate, |
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or the Floor Rate whichever is greater |
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| FLOOR RATE |
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5.00% |
36 MONTHS OR LESS% |
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5.50% |
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