Refinance / Equity Take Out.
FIXED is Still The Recommanded Option! Refianance At 2.69%.
Interest charges these days can be as high as 28% on revolving credit. Being financially sound also means that you are well
in control of your finances, and that you are paying the lowest possible interest rates on outstanding amounts. Up to 90% of the equity
in your property can be freed to secure a low interest rate loan and utilize the proceeds towards paying off your high
interest debt, credit cards, and lines of credit. As a result, you will be debt free, lower your monthly payment by
hundreds of dollars, and most importantly pay off your mortgage faster.
You may also want to refinance the mortgage on your home, and use the low interest rate funds to further invest in your business,
child's continuing education, buy an investment property, or simply take a long vacation. In either case, our mortgage
specialists will present you with the best solution for your refinancing needs.
OUR SERVICES ARE ABSOLUTELY FREE
We provide free consultation prior to closing, as well as throughout the term of your mortgage. Let us show you how you can save thousands
of dollars by finding the lowest interest rates, and most flexible terms.
Financial analysts have long known about the power of consolidating their client’s debts into one simple loan, with one
simple monthly payment, and one low interest rate. Let us show you a real example of how we were able to free up thousands
of dollars for our clients:
| Before Debt Consolidation |
| Existing Mortgage |
| Property Value |
$260,000 |
| Mortgage Balance |
$193,000 |
| Interest Rate |
7.95 % |
| Term |
5 year |
| Monthly Payments |
| Credit Cards ($18,000) |
$682.00 |
| Other Debt ($4,000) |
$200.00 |
| Mortgage |
$1578.43 |
| Total Payments |
$2,460.43 |
|
| After Debt Consolidation |
| Mortgage Alliance Mortgage |
| Property Value |
$260,000 |
| Mortgage Balance |
$215,000 |
| Interest Rate |
5.75 % |
| Term |
5 year |
| New Monthly Payments |
| Credit Cards ($0) |
$0.00 |
| Debt ($0) |
$0.00 |
| One Mortgage Payment |
$1343.80 |
| Total Savings |
$1116.63 |
|
In this particular example, the high interest rates that the clients were paying prior to the consolidation
exercise, translated into the clients making interest only payments of more than $800 on a monthly basis.
This did not lower their principle in any way. After consolidating, the clients were making payments $1,116.63
less than before, and part of their monthly payment also went towards lowering their total principle. If you
would like us to show you the best option for consolidating your debt, please contact us at any time, or simply
fill out our online contact form and we will do the rest.
DEBT CONSOLIDATION/REFINANCE
90% financing is also available for refinancing purposes. Use the maximum available equity in your home to
free yourself from bothersome monthly debt, and lower your payments to a manageable level. For more information on
how much you can qualify for, please contact us at any time, or simply fill out our online contact form.
