| Here's How It Works! |
The Equity Savings Program simply restructures the payment schedule on
your existing loan... so that your lender isn't the only one to benefit from
your hard earned $$$.
|
Example
|
Conventional
|
Equity Savings Program
|
| If you had a mortgage of:
|
$150,000
|
$150,000
|
| With a payment* of:
|
$1,500.00 Monthly
|
$750.00 Biweekly
|
| At an interest rate of:
|
8.0%
|
5.6% Effective Rate
|
| And a term of:
|
30 Years
|
21 Years, 3 Months
|
| You would repay a total of:
|
$396,218.02
|
$312,365.07
|
| For a term reduction of: |
- 0 -
|
8 Years, 9 Months
|
| And an interest savings
of:
|
- $0.00 -
|
$83,852.95
|
* Payment includes $399.34 monthly for tax and insurance escrow
|
| The Smartest Mortgage of The Century! |
The Equity Savings Program assures your financial future today! You have the
opportunity to take part in an extraordinary program that has been the focus of
articles in The New York Times, The Wall Street Journal, USA Today and The Los
Angeles Times. With no extra effort you can save thousands of dollars in
mortgage interest that you would normally pay to your lender. The determination
of where and how you spend your money can now be back in your hands.
|
| With the Equity Savings Program: |
• You keep your current mortgage
• You take full advantage of the
biweekly mortgage without refinancing, which means:
• No points to pay
• No loan origination fees
• No closing costs
• No appraisal fees
• No credit check
• No re-qualifying whatsoever
|
