Flexible Rates

• Discounted introductory rate option for varying periods of up to 12 months
• Adjustable and fixed rate programs
• Second or first lien mortgages
• Flexible draw and repayment periods
• Adjustable and fixed rate sub-accounts
• Minimum and maximum interest rates

Minimum Payment Options

AsurityDocs offers many options for minimum payment during the draw and repayment periods, including:

• Accrued finance charges
• Greater of a set dollar amount, a certain percentage of the account balance or accrued finance charges
• Fixed payments for 12 months
• Fully amortizing payment
• Substantially equal payments
• Finance charge plus equal payments of the principal balance at the end of the draw period
• A single balloon payment at the end of the draw period
• Outsourced closing solutions

Fees, Margins, and Calculations

• Servicing fees are set up on a state-level (annual fee, NSF charge, stop payment fee, etc.)
• Origination fees are entered by user on a loan-level basis
• Margins are entered by user on a loan-level basis
• With or without credit card options
• 15-year historical table calculations made by AsurityDocs in most cases