It is subject to conditions established by the lending institution and state statutes. The mortgage rates may vary with different institutions and between states. The required cash down payment on these loans may be greater than government insured loans. Unless a specific Wachovia mortgage product or procedure has been addressed, the questions and answers contained in this section are general statements about common practices and products in the mortgage industry and at Wachovia. Specific mortgage products and practices offered by various lenders, including Wachovia, may vary.
All loans are subject to credit approval, acceptable collateral and available equity.
Wachovia Bank, N.A. mortgage loans are available on property located in the District of Columbia, and the states of Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee and Virginia. Property insurance required.