Mortgage Rates Classification

according to lenders’ approval policies

All Rates published on any websites, newspapers or media are only for AA-Class clients, unless it’s mentioned “for B-Class Clients”.

The CBMR Mortgage won’t mislead you for any published rates on the website.

Please read the descriptions below to find out which class you belong to and click it to get the lowest and best rates.

No	Classes	Descriptions
1.	AA-Class	Good Credit for 2 years and sufficient income for the mortgage amount (TDS ratio is less than 44% of total annual gross income, and GDS ratio is less than 39% of total annual gross income). If GDS and TDS are just over the above limitations, you may still have chance to get some best rates. Please contact us. TDS & GDS Calculator It's always no admin fee or application fee for mortgages from all A-Type Lenders.
2.	A-Class	Good credit for 2 years and income might be tight for the mortgage amount, but down payment can be more than 35%. It's always no admin fee or application fee for mortgages from all A-Type Lenders. If your case can not get approved by all A-Type Lenders, then you may pay an application fee (lender's fee) for mortgages from most B-Type Lenders. It's usually 1% ~ 2.5% upon lenders' policies (case by case). Different lender has different policy.
3.	B-Class	1. Good credit for 2 years, but income is not sufficient; or 2. Income is sufficient, but credit has problem There might be an application fee (lender's fee) for mortgages from most B-Type Lenders. It's usually 1% ~ 2.5% upon lenders' policies (case by case). Different lender has different policy.
4.	C-Class	Income is not sufficient and credit has problem There might be an application fee (lender's fee) for mortgages from all C-Type Lenders. It's usually 2% ~ 5% upon lenders' policies (case by case). Different lender has different policy.