WHAT ARE THOSE ?
PIC 1
Can I as an Employee of IBC qualify to speak to our mortgage representative to see if i qualify for an IBC mortgage?
yes
WHAT DOES SPCP STAND FOR ?
SPECIAL PURPOSE CREDIT PROGRAM
PROGRAM - AVALIABLE TO HOME BUYERS IN UNDERSERVED COMMUNITIES
WHAT DOES HELOC STAND FOR ?
HOME EQUITY LINE OF CREDIT
HOW CAN IBC HELP ?
IBC Mortgage is a full‐service Mortgage Company. We can provide financing for almost all of your customer’s home loan related needs
PIC 2
HELOC
Does IBC have employee discounts
yes on mortgage fees and rates
HOW MUCH OF A DOWN PAYMENT IS REQUIRED FOR SPCP?
$0 DOWN
WHAT IS A HELOC?
Home equity line of credit is a line of credit secured by the equity in your home.
WHAT ARE SOME TYPES OF MORTGAGE NEEDS THAT IBC CAN HELP WITH ?
•Purchase, Refinance, Home Equity, Home Equity Lines of Credit, Home Improvement, and Lot Loans.
PIC 3
FOREIGN NATIONAL LOANS
WHAT IS DPP ?
Down Payment programs
LOWEST CREDIT SCORE YOU MUST HAVE TO QUALIFY FOR SPCP ?
NO MIN CREDIT SCORE
what are the payments based on ?
heloc payments are based on the amount you draw.
WHAT ARE SOME OF OUR COMPETITVE ADVANTAGES WHEN CHOSSING IBC AS A MORTGAGE SERVICER?
Extremely competitive rates, faster close times, and a wide variety of loan products
PIC 4
JUMBO LOANS
IBC offers Down payment assistance programs
•5% down payment assistance.
WHAT TYPES OF CREDIT SOURCES ARE ALLOWED WITH SPCP ?
TRADITIONAL AND ALTERNATIVE CREDIT SOURCES ACCEPTED
If you gradually pay the balance on a HELOC can you borrow again ?
As you pay the balance down, you have access to borrow against it again.
WHERE CAN CUSTOMERS MAKE A PAYMENT TOWARDS THERE MORTAGAGE LOANS WITH IBC?
Many of our loan products are serviced by IBC Mortgage Servicing, allowing for our customer’s to make payments at any of our IBC Bank branches.
PIC 5
•Primary, Secondary and investment properties
IBC has partnered with BCL of Texas a non profit to assist San Antonio families purchase a property with incentives of up to
•$10,000.00
WHAT TYPE OF INSURANCE IS REQUIRED TO QUALIFY FOR SPCP?
NO MORTGAGE INSURANCE NEEDED
HELOCS are ideal to assist what type of economical situation?
This option is ideal to manage ongoing expenses that seem to pop up now and then.
WHO CAN WE CONTACT IF WE HAVE ANY IBC MORTGAGE QUESTIONS AND HOW ?
Roberto Benet
(210) 268-4542
robertobenet@ibc.com