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    When you are self-employed, the biggest drawback is finding good, affordable health insurance. You can spend weeks or months trying to find health insurance that you can afford, running the risk of an accident or calamity during your uninsured time.However, there are options for you and s
    00%=Interest only
    $1,250.00/ month

    Applied additional $1747.75 / month to principal for 5 years

    5th year loan balance
    $362,370.82

    Equity (assuming no appreciation)
    $137,629.18

    I proposed this loan program to Client #2.<

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    Creating and maintaining wealth is a very difficult task. Ask any millionaire!!! The delicate balance of living a dream lifestyle and holding expenses tight creates this difficulty. As a financial advisor, I have assisted people accumulate monies to live their dream life while discovering ways to reduce their necessary expenses.

    Everyone would agree mortgages are necessary expenses. Probably the biggest expense most of us have. Mortgages present the opportunity to secure income tax deductions while utilizing the house to live.
    What if you could reduce your mortgage interest rate to 3% and be required to pay interest only for 5 years? Would you refinance your current house? Purchase another? While refinancing a client’s mortgage, I discovered such a mortgage. The client will save lots of money the next few years. Here is his scenario:

    Client #1
    $500,000 Loan Amount

    Past
    30 Year Fixed @6.00%=P&I
    $2,997.75/ month

    5th year loan balance
    $456,989.77

    Equity (assuming no appreciation)
    $ 43,010.23

    Current
    LIBOR ARM @3.00%=Interest only
    $1,250.00/ month

    Applied additional $1747.75 / month to principal for 5 years

    5th year loan balance
    $362,370.82

    Equity (assuming no appreciation)
    $137,629.18

    I proposed this loan program to Client #2.<

    Five Tips For Your Exit Interview
    Exit interviews are sometimes held at inopportune times, especially from the viewpoint of the employee when he or she is either laid off or fired. Nevertheless, they are a must for progressive companies that want to look inward for reasons for an employee's exit.There are different viewpo
    iscovering ways to reduce their necessary expenses.

    Everyone would agree mortgages are necessary expenses. Probably the biggest expense most of us have. Mortgages present the opportunity to secure income tax deductions while utilizing the house to live.
    What if you could reduce your mortgage interest rate to 3% and be required to pay interest only for 5 years? Would you refinance your current house? Purchase another? While refinancing a client’s mortgage, I discovered such a mortgage. The client will save lots of money the next few years. Here is his scenario:

    Client #1
    $500,000 Loan Amount

    Past
    30 Year Fixed @6.00%=P&I
    $2,997.75/ month

    5th year loan balance
    $456,989.77

    Equity (assuming no appreciation)
    $ 43,010.23

    Current
    LIBOR ARM @3.00%=Interest only
    $1,250.00/ month

    Applied additional $1747.75 / month to principal for 5 years

    5th year loan balance
    $362,370.82

    Equity (assuming no appreciation)
    $137,629.18

    I proposed this loan program to Client #2.<

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    ld reduce your mortgage interest rate to 3% and be required to pay interest only for 5 years? Would you refinance your current house? Purchase another? While refinancing a client’s mortgage, I discovered such a mortgage. The client will save lots of money the next few years. Here is his scenario:

    Client #1
    $500,000 Loan Amount

    Past
    30 Year Fixed @6.00%=P&I
    $2,997.75/ month

    5th year loan balance
    $456,989.77

    Equity (assuming no appreciation)
    $ 43,010.23

    Current
    LIBOR ARM @3.00%=Interest only
    $1,250.00/ month

    Applied additional $1747.75 / month to principal for 5 years

    5th year loan balance
    $362,370.82

    Equity (assuming no appreciation)
    $137,629.18

    I proposed this loan program to Client #2.<

    Personal Loans: The All Purpose Loans
    To secure a loan that can suffice to your personal needs, there is no need to go far anymore. They are available to you sitting in the privacy of your home or office. These loans are called personal loans. Personal loans can act as a major help in maintaining self sufficiency in times of any fin
    re is his scenario:

    Client #1
    $500,000 Loan Amount

    Past
    30 Year Fixed @6.00%=P&I
    $2,997.75/ month

    5th year loan balance
    $456,989.77

    Equity (assuming no appreciation)
    $ 43,010.23

    Current
    LIBOR ARM @3.00%=Interest only
    $1,250.00/ month

    Applied additional $1747.75 / month to principal for 5 years

    5th year loan balance
    $362,370.82

    Equity (assuming no appreciation)
    $137,629.18

    I proposed this loan program to Client #2.<

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    00%=Interest only
    $1,250.00/ month

    Applied additional $1747.75 / month to principal for 5 years

    5th year loan balance
    $362,370.82

    Equity (assuming no appreciation)
    $137,629.18

    I proposed this loan program to Client #2.

    Client #2
    $1.2 Million Loan Amount

    Current
    5/25 ARM @4.25%=P&I
    $5,903.28/ month

    5th year loan balance
    $1,064,681.48

    Equity (assuming no appreciation)
    $ 135,318.35

    Proposed
    LIBOR ARM @3.00%=Interest Only
    $3,000/ month

    Applied additional $2903.20 / month to principal for 5 years

    5th year loan balance
    $ 971,261.81

    Equity (assuming no appreciation)
    $ 228,738.19

    You can see from these scenarios this mortgage can be a great tool to reduce your monthly mortgage payment or to shave down the loan balance thereby increasing your equity. This mortgage interest program is termed negative amortization. Rather than paying off the interest over the time period, you are paying of a small portion of the interest but not the required amount. Interest rates can go as low as 1.25%. If you want savings refinance your mortgage.

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