Anonymous

August 19, 2004 — Did you know it’s possible to build a minimum of $40,000 in home equity, and pay your mortgage off in 10 years or less without making biweekly mortgage payments?

Fortunately, for you as a homeowner this is entirely possible.

Let me explain how:
After 4 years of research, I’ve developed a simple mortgage reduction program that will quickly build your home equity and pay your mortgage off faster than any other mortgage reduction strategy available…without changing your current mortgage and without the use of a biweekly mortgage plan.

You’re probably thinking it sounds too good to be true…And I completely understand your skepticism. But please allow me to further explain my credentials and show you exactly how your mortgage can be reduced through Mortgage Cycling. Imagine having $40,000 in cash to finally remodel your old kitchen into that beautiful chef style kitchen you’ve always wanted…the one with granite countertops, and beautiful stainless steel appliances…my report enables you to do this. More than likely, you’ll have built enough equity with this plan to remodel more than just your kitchen…maybe your entire house needs a facelift or even add a swimming pool.

The possibilities are endless… and the best part is, not only does this make your home more attractive and comfortable, but also increases its overall value.

http://beam.to/real2

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Jessica Elliott

Maybe you?re buying your first home in Rhode Island, or perhaps you?re relocating to Rhode Island from another state. Either way, it?s important that you educate yourself on Rhode Island home loans before shopping for a home and mortgage. This article explains what you?ll need to know before buying a home in Rhode Island:

The median price of a home in Rhode Island is $133,400. Recently, homes in Rhode Island have been appreciating at rates above the national average — Rhode Island has the highest appreciation rates in New England. However, in some parts of Rhode Island, appreciation rates are at an all time high. In fact, home prices are rising four times as rapidly as personal incomes. As a result, income levels in many parts of Rhode Island are too low to purchase a median-priced home with a conventional loan.

Home prices in Rhode Island can vary greatly between zip codes. For example, while the median home value for the state of Rhode Island is $133,400, the median home value in the summer of 2005 for Providence, Rhode Island, was $520,000. Recently, Rhode Island average interest rates have been below the national average.

Rhode Island state law prohibits ?subsection 10 mortgages? that exceed either the APR or the points and fees threshold established by lawmakers. Additionally, prepayment fees and penalties are not allowed on any home loan after the first year of the mortgage. If a borrower pays off their home in full during the first year of their mortgage, the prepayment penalties cannot exceed 2% of the balance at payoff.

Rhode Island residents are subject to a sales tax, a ?piggy back? state income tax, and motor fuel tax. However, Rhode Island recently eliminated their motor vehicle tax.

Jessica Elliott recommends that you visit
Mortgage Lenders Plus.com for more information about
Rhode Island Mortgage Rates and Loans.

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Anonymous

Los Angeles, CA September 8, 2004 — Mortgage expert Gavin Fenske, president of Great Financial Mortgage in Fullerton California, appeared on UPN13 news to discuss the rise of single women as power-houses in the homebuyers market. Asked why the shift in statistics, Fenske stated according to the National Association of Realtors, nationwide, single women purchased approximately one in five homes as compared to one in ten by single men in 2003. That makes single women the second-largest segment of homebuyers.

Fenske also pointed out how it used to be a bit Victorian to think that “a woman’s place is in the home,” but now it actually is and especially for single women. The mantra today is definitely doing it her way. He went on to say how they found the women shared a same commonality in they did not want the housing boom pass them by. Women today feel empowered; they are more educated and very confident. Some women are waiting longer to marry or deciding not to wed at all and are realizing it’s more beneficial and often faster to buy their own home. Many don’t even think they can qualify on their own. But with the vast array of mortgage products available in today’s marketplace, women are surprised to find out they can qualify to purchase their own home.

Recent real estate industry trends show it’s far easier for single women to qualify for loans than years past. “Women have a keen sense for financial security and like the tax advantages. With zero down loans, low interest rates and other creative financing we offer has enabled women to achieve a home as not only a place to live but also a smart investment in their future, “ said Fenske.

About Great Financial Mortgage
Great Financial Mortgage is based in Fullerton, CA. A top originator of mortgage loans, Great Financial Mortgage offers a wide range of home lending services to homeowners and prospective buyers throughout the state of California via person-to-person attention and its website (www.greatfinancialmortgage.com). This coupled with their unique ability to keep ahead of the fast-moving real estate marketplace enables Great Financial Mortgage to exceed client expectations by making their dream a quick reality.

contact:
PRIME L.A. Public Relations
www.primela.com
(818) 995-1290

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Dan Lyne

There’s been new changes to bankruptcy laws recently that have highlighted the plight of many people just trying to get by. Nobody knowingly gets into a home mortgage with expectations that they’ll eventually be in over there head. But, the mortgage that once seemed easy to pay off when you got started can become one of many debts that are uncontrolably stacking up.

Now most people’s budgets goes towards paying all those little bills and their home mortgage. Often this leaves little to nothing for luxuries like clothes. Unless you love macaroni and cheese and Romin Noodles, it’s almost impossible to feed a family on $40 a week. If you become financially challenged, the first thing you should look at are what kinds of loans or debt are eating at you? If it’s your home mortgage, you might consider refinancing. There are many home mortgage options out there. You might find one that puts you in a better position financially. If your challenge is
medical bills, many doctors’ offices will work out a reasonable payment plan with you. A few years ago, my wife and I were slammed with a hefty tax payment, car repair bill and then $1,000 in medical bills all at once. The IRS wasn’t willing to negotiate without interest and he had to have the car running. We spoke with the doctor’s office and they were more than happy to help us consolidate debt with monthly payments. In fact, they commented that they
were very happy we contacted them to make a payment plan.

One strategy is to pay off small bills in a couple months while making the minimum payment on a larger one. While it may seem counter intuitive, my strategy is to pay off bills by their amount, not their interest rate. The way I look at it, every
card paid off is one less bill a month. And this means that more can be paid on another card or loan next month. So cut up the department store card. You’ll see, it really feels good once it’s gone and even better, once it’s paid off.

Shread those cards when you’re done paying their debt

Next, shred all but one of your debit cards. Breathe. It will be okay. It’s easy to always get food, but you will do your budget wonders when you plan out meals and encourage your family to eat at home. Think about the dollars you will save by eliminating $30 a week of fast food. Now think how far $120 a month would go towards that small debt. If your spouse has second thoughts, reassure him or her. Likely your spouse won’t go to the trouble of getting a new card after you’ve cut up the one’s your trying to rid yourself of.
Get into a roll with paying off and cutting up cards. You’ll see that the positive inertia is a good thing.

Stop the poor spending habits before you take Home Equity Loans for Debt Consolidation

When all the smaller bills are gone, if you are still looking at a few large bills and a home mortgage payment, only then is it time to consider a debt consolidation loan (equity loan). Since a debt consolidation loan is almost always a home mortgage equity loan, you are risking more than your credit rating if you can’t pay, so make it a last resort. However, in certain circumstances a debt consolidation home mortgage can save you hundreds, or thousands, a month. Of course, if you have $20,000 in equity and $30,000 in debt, this probably won’t help much. But if you have $50,000 in equity and $25,000 in debt, you may help yourself immensely and be looking at much smaller bills. Also, remember that for most debt consolidation home equity mortgages you can only borrow 80% of your home’s value. However, since debt consolidation home mortgages have low
interest rates and stretch out over a great length of time, a home mortgage can drastically reduce your cost of living. And this can help you live debt free mostly).

If you got into debt thru lifestyle rather than a single event, go to financial counseling before you take out a debt consolidation home mortgage. The home mortgage equity loan will do you no good if you get right back into debt. A counselor can help you live better on less money. And after all, isn’t that what we all want?

There are as many roads out of debt as there are into it. Look carefully at your options, and don’t panic. Often it is the creditors with the least claim that harass you the most. Debt consolidation mortgages are a serious move. You need a place to live. Don’t risk it carelessly.

Dan Lyne has owned many homes and has been budgeting his money for over 20 years. He’s had some very good and some bad financial experiences. You can find more information about home mortgage info, debt consolidation and mortgage calculators, by clicking on the previous links and checking out the sites he frequently contributes to.

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Maria Ny

Over the past few years, low minimum payback rates of between 2 and 2.5% have encouraged Americans to rack up an average credit card debt of close to $10,000 per household. “People are now in a revolving debt cycle that they’ll never escape,” says Adam Brauer, a debtor advocate and in-house counsel for Debt Settlement USA in Scottsdale, Arizona. “So the government nudged credit card companies into saying, ‘This isn’t working.’”

Regulators with the Office of the Comptroller of the Currency began pressuring card issuers to raise minimum monthly payments. On top of that, the newly enacted Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 now requires credit card companies to post a warning on monthly statements that notifies consumers about how long they’ll be in debt if they make only minimum payments. The new law for minimum payments went into effect at the end of 2005, and several credit card companies have already doubled their minimum monthly payments from 2% to 4%.

While the new law is designed to get people out of debt faster, some people whose finances are already stretched thin find the rate hikes to be too much to bear. “If you’re living paycheck to paycheck and your minimum payment goes from $200 to $275, spread over five cards, that’s an extra $375 a month,” says Brauer. “A lot of families can’t come up with that.” Faced with higher interest rates and tougher bankruptcy laws, consumers are wondering what their equity loan options are.

If you now have bad credit due to the new law, you could go through a debt-counseling program, but that will damage your credit further. If you are a homeowner, you may want to consider a debt consolidation loan through a mortgage refinance or home equity loan (second mortgage) because it will not only reduce your debt, but you also may get a 100% tax deduction on the interest you pay on your loan. With interest rates rising, it is probably best to secure mortgage refinancing with a fixed interest rate or, if the rate on your existing mortgage is low, get a second mortgage to consolidate your credit card debt. The rates will be much lower than those of your credit cards and other loans, and you’ll enjoy the piece of mind of having your debts under control with a simple interest loan.

Maria Ny is a respected free-lance writer. She has written many articles that covered a broad range of subjects ranging from Bankruptcy Reform, Credit Repair to Subordinate Financing. Check out her informative articles online at Nationwide Mortgage & Equity Loans.

To learn more information and get accurate interest rates quotes for debt consolidation loans. We suggest you learn more about the benefits of the 125% Home Equity Loans from the second mortgage experts at BD Nationwide.

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Alfred Fraser

Had you started your mortgage payments 30 years ago you could be just paying it off today. What if I tell you that a Fast Mortgage Payment Coach would help you to finish paying your mortgage in 15 instead of 30 years? With good coaching, your mortgage payments should have ended shortly after the Seoul South Korea Olympics. That’s about the same time that the famous Sprinter, Ben Johnson?s career as the fastest man in the world ended through choice of Coach. Then, the Olympic Gold Medalist, Carl Lewis, his arch rival, took over. From the Atlanta Georgia Olympics until today you would have made unnecessary payments on your mortgage. That’s about fifteen years or so. Like the slaves of XIXth Century America, FOR 15 YEARS, you went to work and handed huge chunks of your Pay cheques to your loving Banker!! In fact, you wait in line to give away these excess mortgage payments!

Around thirty years ago, April, 1977, all American eyes were glued to the TV sets night after night watching episodes of Roots. The author, Alex Haley re-created the agony and economic slavery of African Americans from the XVIIIth to early XXth Century. National Heroes like Dr. Martin Luther King a Super Coach, freed all America, ?White and ?Black? alike of that scourge. Unfortunately, unknown to you and many others, a financial slavery still shackles millions of American household budgets with mortgages debts, credit and loan payments. Economic Slavery is not an issue of race.

Please don?t shoot the messenger so fast?. The news is not good. So at least wait for the whole message. Fast forward to today!

Imagine this. You are driving behind your Friend on the City Streets when you observe Dollar Bills flying out the car window. You pick the dollars up planning to return them. When you arrive at your Friend?s house you tally the amount. That was actually $800.00 Dollars. Will you tell your Friend? Or will you keep the Money?

Would you coach your Friend to stop the regular, wasted, cash out flow, or would you refuse to help if you knew your Friend was negligent in securing HER/HIS Cash? Paying your Mortgage by following the Bank’s Plan is to give away that kind of money FREE to the same Lender. And you do this MONTH AFTER MONTH AFTER MONTH. The problem is you trust YOUR BANK to be your Coach and you usually have little faith and trust in any other professional from the mortgage business. But, you must first believe before you can trust. But at least the dialogue has started.

Could you ever imagine our kind and fatherly President George W. Bush in consultation with the elusive Osama Bin Laden, seeking coaching advice on how to win the war in Iraq? Well?.. Hmmm. That is exactly what we do with our current Mortgage Payment Plans. We ask the Loans Officer to create our mortgage payment coaching plans for us. Then, we would go home determined that for the next 30 years (maybe 25 years with the bi-weekly mortgage payment), we would work our behinds off - AND OUR SPOUSE?S BEHIND TOO -to pay what the Banker said and how the Banker directed us to pay.

Don?t feel bad. All Mortgage Holders generally follow a similar coaching plan. Which Consumer is expected to have specialized knowledge on Mortgages anyway? Friends. This is a quiet fight for at least $250,000.00 of EXCESS PROFIT, hidden in your Mortgage Payments. A very wealthy Ex-Canadian, now American Citizen and finance Wiz Kid, Dr. Albert Lowry wrote about it in his book Hidden Profits in Your Mortgage. You don?t even know that you are engaged in a Catfight with your Banker for every Penny of those $250,000.00 of EXCESS PROFITS. So you, like the Great Olympics, Gold Medal Boxer Mohammed Ali, would go to Joe Frazier for coaching advice before their fight: This is the sports scene. It is played out in every mortgaged home in the United States of America and Canada too:

?Hey Joe?, says Mohammed Ali to Joe Frazier? ?Gimme some Coaching Tips on how to win in that fight we will broadcast on TV next month!?

For a brief moment, Joe Frazier would think that Mohammed Ali was still suffering from too many Rope-a-Dope Bouts in the ring. But Joe, the crafty Boxer that he is, would advise his arch rival?.. He?ll say:

?Well Mohammed It?s all about the diet?. That exercise stuff your Trainer talks about? Don?t worry about that so much!!!! Just listen to my advice very carefully. Be sure to follow a strict fluid Diet for the last TWO WEEKS before our fight. ?. Take Fluids only, remember now F L U I D S - O N L Y!! Then the day before our fight, be sure to allow yourself a treat?.. Take a generous helping of your favorite chocolate laxative. Two Hours before our fight, you must have no less than six of them?. ..OK, S I X!!?

Such would be Joe Frazier?s coaching advice to Mohammed Ali.

If Mohammed Ali had indeed taken too many blows to the head from Leon Spinks, he would follow Joe?s advice and we all know what the outcome would be.

That is a funny image from the Sport of Boxing, which, unfortunately summarizes how over 45% of all Consumers plan to pay their mortgage. Another 45% of Mortgage Consumers have no plan at all. No one told them that their Mortgage Payments should be the subject of a detailed plan. Now, you know you need a mortgage payment coach.

The Lender in a Mortgage is entitled to a fair return on the money. What you may think is that the 5% Interest charge should result in a fair profit of about $40,000.00 or so to the Lender if you follow a smart mortgage repayment plan. What you may not know is that the same 5% charge usually delivers an EXCESS PROFIT of the $250,000.00 on top of the $40,000.00 mentioned above. The $250,000.00 is EXCESS PROFIT which most Borrowers without a coach, now pay needlessly.

Consumers pay dearly from a lack of knowledge. For your mortgage repayment plans, you must seek out a specialized mortgage payment coach for an action plan to save yourself and your family years of unnecessary payments. In all matters of finance, knowledge is power.

Copyright 2006 AAA Consumer Credit Solutions

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Jessica Elliott

Maybe you are buying your first home in Delaware, or perhaps you?re relocating to Delaware from another state. Either way, it?s important that you educate yourself on Delaware home loans before shopping for a home and mortgage. This article explains what you will need to know before buying a home in Delaware:

The median price of a home in Delaware is $130,400. Recently, homes in Delaware have been appreciating at rates above the national average. However, Delaware homes are not as unaffordable as those in its neighboring states. The job growth rate in Delaware ranks them eighth highest in the nation. Average interest rates in Delaware are higher than the national average.

In Delaware, the Office of the State Bank Commissioner governs over mortgage broker licenses and regulates hundreds of non-bank businesses that provide financial services in the state. Delaware does not currently have any anti-predatory lending laws. Mortgage loan brokers in Delaware are licensed to arrange residential mortgage loans for consumers. Businesses engaged in consumer lending, such as mortgage lenders or consumer finance companies, are considered Licensed Lenders.

Delaware?s Fair Housing Act prohibits mortgage lending discrimination against individuals based on their race, color, religion, gender, familial status, or national origin.

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Anonymous

Capital Discovery Group, Inc. announced a new service offering: Hassle-Free Lending . This service will provide a streamline approach to lending.

According to Mathew Caudle, CEO of Capital Discovery Group, Inc. “At Capital Discovery Group, Inc. we provide our clients with their own personal secure Loan Center website to assist them in getting real time information about their loan. Clients can track documents, loan-processing steps, and send/receive messages to ensure the home closing is synchronized with the loan closing all within their secure Loan Center Website”

“Partner Access lets real estate agents offer secure web pages to their clients, where they can track loan progress underway, set reminders of important transactions, answer questions and manage messages. It’s a great way to keep a permanent record of all communication between you, your client and your real estate partners,” continued Mr. Caudle.

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Afra AmirSanjari

In this country millions of homes are sold every year. In most cases buyers go to a
bank or finance company to seek mortgage financing.

In some cases, 200,000 in the U.S., home buyers rely on the seller rather than a
financial institution to provide financing because:

? The purchaser may not qualify for a traditional mortgage.
? The purchaser may be a relative looking to save on closing fees.
? The seller may be interested in having a long-term income stream.

Often the seller is pressured into providing financing for the purchaser instead of
receiving a lump sum. This forces the seller to assume the role of a mortgage
company, worrying about servicing and collecting a monthly income stream. A
stream, which may or may not be consistent, depends on the payer’s ability to meet
their monthly obligations.

Peacock Capital provides an option to note holders nationwide who are ready to sell
their homes and use the equity for their own purposes.

We will purchase the note for a lump sum and collect the monthly checks. No more
worrying about the “Check is in the mail” Or, “Will they stop paying, forcing a
foreclosure?” Or, “Has my buyer kept up with their insurance payments?” Etc.

Afra AmirSanjari is the Principal for Peacock Capital.
Peacock Capital specializes in solving the cash flow challenges of Small/Medium
Businesses, Government Vendors and Individuals with innovative financial solutions
by providing a network for securing operating capital.
http://www.peacockcapital.com a>
info@peacockcapital.com

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David Wells

The mortgage industry accounted for $1,815,949,279,000 in loan transactions in 2004. That’s one trillion, eight hundred and fifteen billion, nine hundred and forty-nine million, two hundred and seventy nine thousand dollars… in one year!

Mortgage brokers average better than 1% commission on every transaction…so a conservative estimate is $18,159,492,790 to the mortgage industry in commissions last year. Eighteen billion is a lot of money to go around.

Consider a profession that doesn’t require any formal schooling yet offers a six-figure plus income potential to any broker who wants it.

Here’s how the business works…

A mortgage broker acts as the middle man between a borrower and a lender. The broker bridges the communication gap between the technical requirements of the lender and the non-technical demand of the borrower. And here’s the best part…mortgage brokers get a cut of every loan they close.

The upside for this profession is nearly unlimited. Once you’ve reached a high monthly income level from your mortgage commissions you can move into other areas of the business and make huge amounts of money.

Buying second mortgages, funding choice loans yourself and buying real estate investment properties are just a few examples of the opportunities for expansion that are available to successful mortgage brokers.

If you’re ambitious and want to become truely wealthy this industry will afford you every opportunity to do so.

The mortgage industry does, however, require that you master three important skills before it will reward you with success.

You have to be able to sell.

This is ultimately a personal business. You will be dealing with people every day. Knowing how to relate to all kinds of people to make sure they are comfortable during an unfamiliar and very
important process is vital. Sales skills are essential to your success as a mortgage broker.

Prior sales experience is helpful but not necessary. Regardless of your sales skill level you should commit to continuously learning everything you can about sales.

You have to understand loan processing.

Processing a loan is an exercise in navigating a bureaucracy. It takes patience and a different mindset than you need when you deal with your clients. Put in the effort to make the personal
relationships with decision makers at your favorite lenders…it will pay off in concrete, financially measurable, ways.

The best way to establish yourself as a professional is thorough expert knowledge. Study the loan process from front to back and really learn the in’s and out’s of funding a loan. It will give you insight and perspective on the business that will enable you to offer better service, faster closings and a smoother process to your clients.

You have to use effective marketing.

Without effective marketing you won’t have any prospects to sell to. It’s the marketing that brings in prospects. Your mortgage business, indeed…all businesses, depend on it for their very survival.

But marketing can do much more for you than help you survive. If done carefully, methodically and scientifically, marketing can propel your mortgage business to levels of financial success you never dared imagine.

Effective marketing can build a mortgage business into a cash cow…sales and loan processing can’t. The greatest success in the mortgage business can be had the quickest by mastering the
art and science of mortgage marketing.

This is a great industry. It offers all the opportunity you could ever want. True wealth awaits those who apply proven methods to their mortgage business.

Download your free copy of the mini-eBook “How To Become a Mortgage Broker”. Gain valuable insights into the mortgage industry. Learn veteran mortgage broker techniques and strategies that are making successful brokers millions in commissions right now. Go to Mortgage Marketing Guide today!

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