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05.12.06 1430 MT

Part-Time Farm
Credit Scores 620+
30 & 15 Year Fixed - No Prepayment Penalty
Primary Residence & 2nd Home
Dwelling Must Be at Least 25% of Value
Two Years Federal Tax Returns
No Current Farm/Ranch Required
Full Doc Only
Max Loan Amount $2,600,000
Cash Out Refis to 75% LTV
M.I. Required on All LTVs > 80.1%
FNMA Appraisal (1004) with Full Acreage
Call for Special Forms

Part-Time Farm 30 Year Pricing
7.00%
6.75%
6.50%
6.375%
Par
.750
1.50
2.00

Part-Time Farm 15 Year Pricing
6.75%
6.50%
6.50%
6.375%
Par
.750
1.00
1.25

Full-Time Farm
Credit Scores 620+
Farm Income Must Service the Debt
3 Years Federal Tax Returns
Full Farm Appraisal
No Dwelling Requirement
70% Max LTV to $2,600,000
60% LTV to $6,000,000 Max Loan Amount
Monthly, Semi-Annual, and Annual Payments
Underwritten to Commercial Guidelines
Full Doc Only
Call for Special Forms

Full-Time Farm Pricing
Rate
6.625
6.75
7.00
7.625
7.875
Price
1 Point
1 Point
1 Point
1 Point
1 Point
Program
1 Year ARM
3 Year ARM
5 Year ARM
15/15 Fixed
25/15 Fixed

Rural Housing Loans
FICO 620, or D.U. Approval
FNMA Credit Guidelines Full Doc Only
Owner Occupied Only
85% Cash Out - 95% Purchase and R&T
Dwelling Must Be at Least 30% of Value
FNMA Appraisal (1004) on Full Acreage
Max Loan Amount $300,700
Max Dwelling Value $155,500
Call for Special Forms

Rural Housing 30 Year Pricing
6.375%
6.125%
5.75%
5.50%
Par
.50
1.50
2.00

Rural Housing 15 Year Pricing
6.125%
6.00%
5.625%
5.375%
Par
.50
1.00
2.00

Sub-Prime
Max Acres - with Residence
Fixed and Adjustable Rates
Minimum Loan Amount $75,000
Up to 100% CLTV
Bank Statements Program
Appraisal on Full Acreage
A-C Credit
Farming or Commercial Use Allowed

Fees
Underwriting $395
Funding/Doc $500
Tax Service $78
Flood $20
Courier $50

All Loans Under $100,000 Add 1 Point to Fee

To apply for any type of loan indicated above, please print, complete, sign, date, and fax or mail the following forms to Castle Funding, Inc.--

Borrower Transaction Registration Form Online Form | Downloadable PDF
Residential Loan Application (Form 1003) Downloadable PDF
Release Authorization Downloadable PDF


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Rates Subject to Change Without Notice. Equal Housing Lender.

Our Reports Can Help You Make the Most of Your Financial Situation ... and Improve It
Our Reports Can Help You Make the Most of Your Financial Situation ... and Improve It