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Chase expands availability of stated-income equity lines and loans

National Mortgage Professional
Jan 08, 2007

Funding America expands product offeringsMortgagePress.com45/30,50/30,mortgage loans Funding America LLC has announced its "45 due in 30" and "50 due in 30" loan products are now available with adjustable-rate mortgages. The "45 due in 30" and "50 due in 30" loans amortize payments over a longer period than the term of the loan and conclude with a single balloon payment over 30 years. They were made available by Funding America with fixed-rate loans in August 2006. Houston-based Funding America LLC is a wholesale provider of sub-prime and alternative loan products for residential mortgage brokers. For more information, call (866) 782-0100 or visit www.famtg.com.
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