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Home Mortgages with an unbelievable 1.25% PAYMENT!
If you are someone that wants to lower your existing monthly mortgage payment, qualify for a larger home, save for your son/daughter's education, retirement, pay off credit cards, or use your mortgage for financial freeedon, then the smart money mortgage is essential to secure your future.
These prgrams are offered by the leading mortgage lenders including World Savings, Indy Mac, and Washington Mutual. Payments are based on 20% down @ 1.25%, 10% down @ 2.25%, and 5% down @ 2.25%. Programs offer no income verification, no credit history needed, first time home buyers, self-emplyed, non-owner occupied (rental properties) at 1.65% payments, and four customized payment options each month.
Smart Money Mortgages have been around for a number of years. Most lenders only offer interest only payments to consumers for low monthy payments. There is a better way. Not only can I offer you a 1.25% monthly payment, but also free your money for you to use not the bank!You may think that this type of loan will put your push your initial loan amount higher than what it was before ou began. Yes and no.
There are two schools of thought. One: The interest that your would be defering is considerablly less (hundreds of dollars) than the 4-6% appreciation rate (thousands of dollars) of your home, so thethe money that you save each year outweighs the risk. Two: By making bi-weekly payments (twice monthly) it is possible to pay down interest and principle at the same time. Your monthly payment stays the same, except you are paying sooner and more frequently on your mortgage, so your interst and principle are paid down more quickly.
Examples of this mortgage with 20% down @ 1.25% compared to that of a 30 year fixed with 20% down @ 6%. (Estimations not including taxes or insurance)
Smart Money Mortgage
Loan Amount
$100,000 $133 bi-weekly
$150,000 $200 bi-weekly
$200,000 $265 bi-weekly
$250,000 $333 bi-weekly
$300,000 $400 bi-weekly
30 Year Fixed Mortgage
Loan Amount
$100,000 $487 monthly
$150,000 $721 monthly
$200,000 $962 monthly
$250,000 $1202 monthly
$300,000 $1443 monthly
You can not afford to let an opportunity like this pass you and your family. Call me today to get all the information you need to undersatdn all aspects of the loan, know all up front costs, and to feel secure about your decision.
Mortgage Rep: Jeff Shelton
248-818-0236 8am-8pm EST
Send E-Mail to: sheltonjeff@yahoo.com
Copyright © 2004 Jeffrey Shelton. All Rights Reserved