Real Estate Secured Loans: Fixed Second Mortgage/Mountain Terrace



Credit Score APR - Current Rate LTV
A 720+ 4.24% <71%
A 720+ 4.74% 71-80%
A 720+ 5.24% 81-90%
B 680-719 5.74% <71%
B 680-719 6.24% 71-80%
B 680-719 6.74% 81-90%
C 640-679 7.24% <71%
C 640-679 7.74% 71-80%
C 640-679 8.24% 81-90%
D 600-639 11.74% 75%
E <600 13.74% Determined
Prime Rate: 3.25% *LTV=Loan to Value

HELOC/Mountain Harbor



Credit Score APR - Rate Margin Rate Floor LTV
A 720+ 4.00% Prime +0.00% 4.00% <71%
A 720+ 4.00% Prime + 0.50% 4.00% 71-80%
A 720+ 4.25% Prime + 1.00% 4.00% 81-90%
B 680-719 4.50% Prime + 1.25% 4.00% <71%
B 680-719 4.75% Prime + 1.50% 4.00% 71-80%
B 680-719 5.00% Prime + 1.75% 4.00% 81-90%
C 640-679 5.25% Prime + 2.00% 4.00% <71%
C 640-679 5.50% Prime + 2.25% 4.00% 71-80%
C 640-679 6.00% Prime + 2.75% 4.00% 81-90%
D 600-639 6.25% Prime +3.00% 4.00% 75%
E <600 7.75% Prime + 4.50% 4.00% Determined
Prime Rate 3.25% *LTV=Loan to Value


APR=Annual Percentage Rate. Updated 4/1/2020