Welcome to Bay Equity Home Loans of Redmond.
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   Lucy Lotto 

Office

(425) 629-6329

Cell

(425) 941-4678

Email:

Lucy@Bayeq.com

            

 

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BAY EQUITY HOME LOANS offers a variety of loan programs to meet your needs. We work directly with the leading lenders in the industry to provide: Conventional, FHA, VA, High Balance Conforming (now extended thru 2010), Jumbo, Gaurantee Housing (100% purchase).

We will go over what your needs are, your credit and work history, and find a few options for you to decide which works best for your situation.

 
30 Year Fixed
15 Year Fixed
30 Year Fixed FHA/VA
15 Year Fixed FHA
High Balance 30 Year Fixed
High Balance 5-Year ARM

30 Year Fixed
Term: 30 years   Maximum Amount: $417,000

15 Year Fixed
Term: 15 years   Maximum Amount: $417,000

30 Year Fixed FHA/VA
Term: 30 years   Maximum Amount: $417,000

15 Year Fixed FHA
Term: 15 years   Maximum Amount: $417,000

High Balance 30 Year Fixed

LOAN AMOUNT MAX $506,000 FOR KING COUNTY AS OF 10/01/11

Minimum credit score of 700

80% LTV for rate term

75% LTV for cash out with a 720 minimum credit score

Term: 30 years   Maximum Amount: $506,000

High Balance 5-Year ARM

LOAN AMOUNT MAX $506,000 FOR KING COUNTY AS OF 10/01/11

Minimum credit score 720

Maximum LTV is 75%

Term: 30 years   Maximum Amount: $506,000



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.