|
Adjustment
Period
|
Monthly
|
|
Term
|
30
Years |
|
Lifetime
CAP
|
See
your loan agent for details. |
| Minimum
Credit Line |
$100,000 |
| Maximum
Credit Line |
$1,000,000 |
| Minimum
Down Payment |
As
low as 20% |
| Minimum
Credit Scores |
680 |
| Withdrawals |
ATM/Visa
P.O.S. card, unlimited checks, ACH, EFT, on-line bill-pay |
| Payments |
Direct
payroll deposit, EFT, ACH, bank-by-mail |
| Statements |
Monthly,
on-line account access |
|
|
OUT
WITH THE OLD WAY If
you're like most people, you flow most of your income through
your checking account — to pay for everyday expenses, monthly
bills, and for longer-term expenses like property tax, insurance
payments, tuition, etc.While
your cash is parked in your checking account, it's usually earning
just 1 to 2%. Or in some cases, nothing at all. Meanwhile, the
bank is using it to lend to other home owners in the form of mortgage
loans and charging the borrower 5 to 7% interest, profiting from
the difference. Many of us would say "well, that's just he
way it's always been done."
Until NOW.
JOIN
THE MORTGAGE REVOLUTION
The Home Ownership Accelerator is a revolutionary new mortgage
that can:
- Save
you thousands in interest
- Pay
off your mortgage years earlier
- Give
you instant access to equity for your expenses
- All
with no change to your spending habits
SAVE
THOUSANDS IN INTEREST With
the Home Ownership Accelerator, you deposit your entire paycheck
into your mortgage, instead of your checking account, dramatically
reducing the principle balance. Since interest is computed on
your daily balance, you start saving interest immediately!You
pay all of your expenses out of your mortgage. Until you need
the money, it stays in your mortgage, keeping your balance lower,
saving 5 to 6% in interest costs, verses earning 1 to 2% in your
old checking account.PAY
OFF
YEARS
EARLIERPaying
less interest means that more of your money can go towards paying
down the principal, and you pay off sooner. If you're a borrower
with good cash flow, you could pay off an average sized loan in
roughly half the time — with no change to spending habits!
INSTANTLY
ACCESS YOUR EQUITY For
your everday expenses, you have unlimited checks, an ATM/Visa®
P.O.S. card, and electronic (bill-pay) access to your funds, just
like a regular bank account!
HOW
DO I KNOW IF IT'S RIGHT FOR ME? To
see how the Home Ownership Accelerator can work with your own
unique financial situation, use our powerful interactive calculator
— the Home
Ownership Accelerator.
|
