DON'T TRY TO "TIME" THE BUBBLE BURST!
Great news for everyone in need of a Mortgage! The loan program with the low 1.25% payment plan!Remember, your payment at 1.25% is only $300 a month on every 100k borrowed versus $625 if you select a 30 year mortgage at 6.50%. It takes a little over five years for your 30 year fixed mortgage to begin reducing your principle balance so the 1.25% payment allows you to spend your extra money per month on investments that can increase your monthly income and net worth substantially.
If your home loan is 250k and your payment is running $1,500 a month or more, we can refinance your home on the 1.25% payment plan and your payment will run only $750 a month. Over five years, that equates to $45,000!
Only a very few will ever pay off a mortgage so why bother throwing away so much money away every month when you don't have to?
Please contact me if you are ready to refinance, get cash out or buy a new property. No up front fees, zero origination and discount points. Stated income and minimum FICO score of 660 required. Minimum loan amount 200k. and can close your loan in as little as fifteen business days.
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First off this mortgage ad was place in the real estate for sale part of the Baltimore's Craigslist. It should not be placed there. It will probably be flagged and removed pretty quickly. Secondly this mortgage broker states "It takes a little over five years for your 30 year fixed mortgage to begin reducing your principle balance" which is false. From, the very first monthly payment on a 30 year fixed mortgage the principle is reduced (albeit by a small amount). The ad is downright scummy.
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