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Capital
Finance Corporation |
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Loan
Criteria |
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Term: |
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Flexible
loan term, one to five years on all primary residents. |
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Prepayment: |
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Loans
may be repaid at anytime without penalty. |
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Loan
to Value: |
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Single-family
residence, owner occupied - 65% |
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Single-family
residence, not owner occupied - 65% |
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Commercial,
on future value - 50-65% |
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Land
and Agricultural land - 50%-65% |
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Sub
Divisions - 69% |
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Rates: |
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Rates
vary from 10%-14% per annum, interest only, |
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depending
collateral and loan structure. Monthly interest |
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payments. |
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Collateral: |
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Real
estate and other fixed or liquid assets. |
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