Lending Services
| KH Funding Company is a mortgage investment bank. It owns and services a loan portfolio consisting of first and second trust residential and commercial property loans, and secured small business loans. Most loans are originated directly from its corporate headquarters and are available for properties and businesses located in the Baltimore, MD and Washington, DC area. Loans outside the area described above are purchased or brokered to the company from other lenders. | |||
CHECK OUT THESE RATES! |
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| Type | Term | Rate | Points |
| First Mortgage | 5/30 Balloon | 9.5% | 1 |
| Second Trusts | 10 Years Fixed | 12.05 - 14.5% | 1 |
| Investment Property | 5/25 Balloon | 10.5 - 12.50% | 2 |
| 105% Purchase | 5/25 Balloon | 12.50% | 2 |
| Business Loans | 3 and 5 Year Fixed | 14.5% | 1 |
| Construction Loans | 1-2 Years-Int Only | 12 - 15% | 2 |
| Bridge Loans | 1 Year-Int Only | 12.5 -15.00% | 2 |
| Above
rates assume certain minimum credit scores and first trust loans of
80% loan-to-value(LTV). Second trusts may go to 100% LTV. Business
Loans typically include real estate as additional collateral. Rates
subject to change without prior notice. Certain restrictions apply.
Call for details. Disclaimer: Loan rates last updated on 7/15/2005. Please call (800) 282-0751 to verify current rates. |
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