This table shows the mortgage products priced on Integrity First Financial Group’s website. Please note some products not priced online are available by contacting a customer service representative directly.

Comments by the Mortgage Professor	Loan Programs	Priced Online by Integrity First Financial Group
Fixed-rate programs are usually identified by their term.	Fixed-Rate Programs
	40-years
	30-years
	25-years
	20-years
	15-years
	10-years
Balloon-loan programs are identified by the period for which the quoted rate holds. The balance is due at the end of that period.	Balloon-Loan Programs
	5-year
	7-year
The first figure is the initial rate period; the second figure is the rate adjustment period after the initial rate period ends. ARM programs are also identified by the interest rate index that they use, and other features. See Requirement 4.	Adjustable-Rate Programs
	1 month/1 month
	3 month/3 month
	6 month/6 month
	1 year/1 year
	3 years/1 year
	5 years/1 year
	7 years/1 year
	10 years/1 year
	3 years/3 years
	5 years/5 years
	FHA Programs
	VA Programs
	Second Mortgage Fixed-Rate Programs
	Second Mortgage Adjustable-Rate Programs
	State Coverage
Not all lenders operate in every state.	California, Washington
	Property Types
Few lenders make loans on all types of properties	Single-family
	2-4 family homes
	Condo, less than 5 stories
	Condo, more than 5 stories
	Co-ops
	Manufactured homes
	Land
	In a planned unit development (PUD)
	Farms
	Commercial
	Options
Shoppers should expect to pay more for a waiver of escrows or a float-down, less for accepting a prepayment penalty. A float-down is a lock plus the right to a lower rate if market rates decline.	Waive escrow of taxes and insurance
	Prepayment penalty
	Float-down
	Interest-only
	Temporary buydown
	Special Loan Purposes
All of these cost more than loans taken out to purchase a home for permanent occupancy, or to refinance with no cash out.	Cash-out refinance
	Use house as vacation or second home
	Rent out house
	Borrower a non-resident alien
	Construction loan
	Bridge loan
	Maximums and Minimums Across All Programs	Max & Min of Lender
Warning! The maximums and minimums vary for different programs. For example, the longest lock might be available for ARMs but not FRMs. Further, the stated maximums and minimums are not likely to be available on the same loan. Don't expect to get a 107% loan, for example, if you have a 540 credit score. (Note: you can get your credit score on www.myfico.com.) Housing expense is the sum of the mortgage payment, property taxes and homeowners insurance.	Maximum ratio of loan to value	90% on conventional products (95% case-by-case)
	Minimum credit score	NA
	Maximum loan size	$3 Million
	Minimum loan size	$50,000
	Maximum ratio of housing expense to income before taxes	NA
	Maximum ratio of housing expense plus other debt payments to income before taxes	NA
	Longest lock period available	60 days