Hot Loan Program
Have
You Ever Dreamt Of Owning An Investment Property?
BZZZZ!
BZZZZ! BZZZZ! Time to wake up!
LEVERAGING
YOUR HOME’S EQUITY CAN = MORE PROPERTIES!
Discover how you can purchase an Investment Property at
a 1.375% Interest Rate using equity from your current home and lower your
total monthly payments at the same time…see how below!
Example
Scenario:
The Smiths have owned their
home for 5 years. They
currently owe $225,000 on a single lien mortgage and the property has
recently been appraised for $550,000.
In addition to their mortgage payment based on a 30 yr fixed loan
at a 6%, they have approximately $25,000 of debt (1 car loan and 4 credit
cards) that cost them $800 in monthly minimum payments.
They are interested in purchasing an investment home with a
$350,000 sales price….
The Smith’s current monthly payments:
Mortgage (Principle and Interest)
$1,349
Taxes and Insurance
$300
Car Payment and CC Bills
$800
CURRENT - Monthly Liabilities
$2,449
Step 1:
The Smiths will perform a “cash-out” refinance on their
current home, into a 5/1 Interest Only loan at 5.25%. They will be extracting enough money to pay off their
debt and to put down a 20% down pmt. on the new investment home.
Step
2:
The Smiths purchase their new property with a 20% down payment and a new
loan with a 1.375% Interest Rate resulting in a $950 mortgage payment.
They rent the property for $1,400 a month.
The
Smith’s new monthly payments:
Primary Mortgage (Interest)
$1,400
Primary Taxes and Insurance
$300
Car Payment and CC Bills
$0
Investment Mortgage
$950
Investment Taxes and Insurance
$420
Monthly Rental Income
($1,400)
NEW – Monthly Liabilities
$1,670
Ask me how. TC4Loans@aol.com
Loan Programs
Buy Property
Specializing In Move-Up Buyers - 95% Loans
Maximum Loan $650,000
First Time Home Buyers
Vacation or Second Homes - 90% Loans
Owner Occupied or Investment Property
PERS Members Our Specialty
One to Four Unit Properties
Fixed Rates and Adjustables
Low Loan Costs - Easy Qualifying!
Refinances
Pay off Existing Adjustable Loans
May Include All Closing Costs
Streamline FHA & VA Refinances - E-Z Qualifying!
Conventional Refis With No Appraisal
Consolidate Bills and Pay Off Other Debts
Lower Your Monthly Outgoing Cash Flow
Lower Your Rate & Your Payment
Generate Cash For Other Investments
Quick Close - Minimal Closing Costs
Equity & Remodel
Equity Line to 125% of Value
Remodel Loans With No Appraisal
Equity Line - Low Start Rate
Remodel Loan - Fixed 20 Year Loan
Loans From $10,000 to $200,000
Up to 45% Gross Debt Ratio
Minimal Closing Costs
Quick Close - Easy Qualifying!
“Restrictions may apply. Programs subject to change at any time. Not a
commitment to lend.” |
M
