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Advantages to
consolidating your debt.
- Save $100’s per month!
- Increase your tax deductions by turning credit card debt into
a 2nd mortgage. (Consult your tax advisor)
- Lower the interest rate on high rate credit card debt! (Many
credit cards rates are between 16-22.99%.)
- Lock in a fixed rate.
- Improve your credit rating. (The credit scoring system looks
at mortgages more favorably than extensive credit card debt.)
- Simplify your life! (Save time on bills!)
Typical Debt Consolidation
Scenario:
|
|
Debts |
Rate |
Monthly Payment |
New Payment |
|
Mastercard |
$7,000 |
12% |
$210 |
Debt Paid Off
|
|
Visa |
$5,000 |
17% |
$150 |
Debt Paid Off
|
|
Discover |
$4,000 |
18%
|
$140 |
Debt Paid Off
|
|
Sears |
$1,800 |
18%
|
$68 |
Debt Paid Off
|
|
Credit Union |
$4,500 |
11.5%
|
$135
|
Debt Paid Off
|
| |
|
Total: |
$703.00
|
$246.00!
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This actual
loan was recently funded for one of our customers and was based
on a credit score of 660 and a 95% loan to value, using a rate of
9%. This customer saved $447.00 per month, and in the last 3 years,
deposited the savings of $16,092 to his retirement account
You may have other savings
needs:
- Children’s college funds
- New car
- Build IRA’s
- Pay off your house faster
- Better Lifestyle
Whatever your needs, we all
work hard for our money. Make sure it’s working just as hard for
you.
Fill out the 60 second
application now and we’ll tell you how much you qualify for!
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