Go To Mortgage 101

Return To Group Index

From: smsmith007@aol.com (SMSmith007)
Newsgroups: alt.invest.real-estate
Date: 28 Jan 2004 00:43:55 GMT
Subject: Re: Build equity up to 3 times faster or more!!!!!!!

>Bankers don't want you to know this.

Wrong.  Bankers usually prefer that loans are paid back more quickly than
scheduled.  Think yield.

>For up to the first 23 years of a 30 year mortgage your payment is
>mostly interest of which this may reduce your mortgage maybe up to one
>half of the orginal amount.
 
Aren't amortization schedules fascinating!

>I can help you:
>1. save tens of thousands of dollars.
> 2. reduce the term of your loan up to 9 to 12 years or less.
> 3. build equity up to 3 times faster or more.
> 4. increase your net worth.
> 5. get the benefits of a new mortgage/loan w/o requalifying, makes
>paying the mortgage/loan easier, and do it all w/o refinancing...

And all of this is done by paying more money than required each month, thus
amortizing the loan quicker.  I sincerely doubt that there is anyone
frequenting this group who is unsophisticated enough to pay for this "service".