[Loansource-customers] Owning Your Home In Half The Time, Or More???? - News From LoanSource - March 2008
Jim Slaight
jims at lsfloans.com
Mon Mar 31 20:37:30 PDT 2008
Dear Valued Customer,
I have been researching various companies and software programs these past
few months that basically use the difference between how line-of-credit
interest is calculated and how mortgage interest is calulated to
dramatically reduce the interest you pay on your home loan... even after
just a few years in your home.... WITHOUT A MAJOR AFFECT ON YOUR MONTHLY
BUDGET!
No, this is not a bi-weekly payment plan.
These companies also say that their software fine tunes the entire process,
by minimizing the interest paid on your home equity line of credit (or
personal line of credit, or even credit card), by converting a line of
credit loan into a surrogate "checking account," where you deposit your
income and pay your bills.
I've been in the home lending business for 15 years. I've spent months
trying to poke holes in what these companies say. I have run the math past
financial planners, mathemeticians, and.... my own checkbook.
In a lot of ways, I'm almost embarrassed to say that I didn't see it years
ago. With all the lending I have done, should have!!!
The good news is, it's never too late to get a jump start on saving yourself
tens of thousands of dollars in mortgage interest...
Bottom line, the system works!!!
LoanSource has contracted with a company called UFirst Financial to offer
the powerful concept of interest cancellation to our valued LoanSource
customers.
If you are interest in receiving a free analysis of your own mortgage
situation, just send me an email, or call me at 567-2582, and I would be
happy to have one of our Equity Planners contact you at your earliest
convenience.
Consider this... 80% of the money you spend on your mortgage in it's first
five years the "old fashioned" way goes towards interest. Isn't it time more
of it helped actually pay down your loan balance???
Jim Slaight
Broker/Owner
LoanSource Funding, LLC
Foundation Funding, LLC
W: 360-567-2582
F: 360-450-2429
HYPERLINK "mailto:jims at lsfloans.com"jims at lsfloans.com
HYPERLINK "http://www.lsfloans.com/jims"www.lsfloans.com/jims
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