PURCHASE MONEY SECOND MORTGAGE RATES

LOAN AMOUNTS FROM $25,000 TO $150,000 AND MAX DTI-45%
Owner Occupied Only
(Effective 8/18/03)

MAX. CLTV 100% (80/20)

FICO

MAX. TERM

RATE

MAX. LOAN AMOUNT

720+

15 Yr. Fixed

8.225

$150,000

680 - 719

15 Yr. Fixed

8.600

$150,000

660 - 679

15 Yr. Fixed

10.450

$100,000

MAX. CLTV 95% (80 - 15 - 5)

720+

15 Yr. Fixed

7.600

$150,000

680 - 719

15 Yr. Fixed

8.100

$150,000

660 - 679

15 Yr. Fixed

9.850

$100,000

640 - 659

15 Yr. Fixed

10.100

$ 75,000

*NO SECTION 32 ALLOWED


AVAILABLE IN THE FOLLOWING STATES:
AZ, CA, CO, CT, DE, FL, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NH, NJ, NM, NV, OK, PA, RI, SC, TN, UT, VA, WI

MAX. CLTV 100% (80/20)
FICO MAX. TERM RATE MAX. LOAN AMOUNT

Min 660+ (CLTV 100%)

20 Yr. Fixed

9.25

$150,000

Min 640+ (CLTV 100%)

20 Yr. Fixed

9.75

$150,000

Min 660+ (CLTV 95%)

20 Yr. Fixed

8.80

$150,000

Min 640+ (CLTV 95%)

20 Yr. Fixed

9.30

$150,000

Min 660+ (CLTV 90%)

20 Yr. Fixed

8.55

$150,000

Min 640+ (CLTV 90%)

20 Yr. Fixed

9.05

$150,000

NO SECTION 32 ALLOWED

AVAILABLE IN THE FOLLOWING STATES:
AZ, CA, CO, CT, DE, FL, GA, ID, IL, KS, KY, MA, MD, ME, MI, MN, MO, MS, MT, NC, NH, NJ, NM, NV, OK, PA, RI, SC, TN, UT, VA, WI

FOR MORE INFORMATION
CALL 713-353-0453
JIM CLOONEY
Fax Number: 713-332-0536

E-mail: Jim Clooney