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There are literally
thousands of different kinds of loan programs all offered
by hundreds of different lenders to fit just about any
financial situation. |
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I use this page to
highlight some of my most popular mortgage
loan programs. These are the same programs that
I offer everyday to my clients to save them money on
their mortgage financing. |
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I try to update this
page as often as possible whenever a new loan program
comes out that can really help the borrowers in the
local area. |
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| 2/1
Buydown |
This buydown
program allows you to get in on a loan 2% below market for
the 1st year, 1% below market for the 2nd year and today's
market rate for up to 30 years. The buydown is usually paid
by the seller to sell his home with the advantage to the client
being below market rates and promotes a quick sale. |
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| Five
Year Easy Pay Option Loan |
| One of the most versatile loans
that I am currently offering for: |
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| New Home Purchase |
My NL Easy Pay loan
program is ideal if you are looking for a loan with
a low, fixed rate for five years, and a flexible payment
program. The loan allows you to make very low initial
mortgage payments and low qualifying rates enable you
to qualify for more home.
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| Refinance |
Do you currently
have a pay option ARM, but are concerned about rising
rates? Consider refinancing into a NL Easy Pay for the
security of a five year low, fixed rate. Rising indices
and interest rates will have no effect during the fixed
rate period.
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Interest rate
is fixed for the first five years and does NOT change monthly
• Minimum monthly payments are as low as 1% |
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| For example, on a $500,000 loan
you could have monthly payment options of: |
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Minimum: $1,264.28
and Interest Only: $3,020.83 |
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Look to my
mortgage blog and this page for future announcements of
great new loan programs that I will be offering
here on my site. |
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