From: "Dennis Kelleher" 
Newsgroups: alt.invest.real-estate
Subject: Cash Flow Mortgages
Date: Sat, 20 Nov 2004 22:29:11 -0500

Option ARM Payment 1.000%
This gives you the most cash flow. But the fully indexed rate is closer to 
4.000%. If you choose to pay only 1.000% you will be adding to your 
principle balance. This has No points, No Closing Costs, No Pre-pay Penalty 
for Loans $500.00 or More.

6 Month Libor 3.250%
This is the best deal if you do not want to add to the balance of your loan, 
and you are willing to refinance every 6 months. This has No points, No 
Closing Costs, No Pre-pay Penalty.

Monthly Libor 3.625%
You get a margin of 1.5 to add to the Monthly Libor Index which is is 2.110 
today. This has No points, No Closing Costs, No Pre-pay Penalty for Loans 
$400.00 or More.

The following rates also have No Points, No Closing Costs, or Prepay 
Penalty. The rate can be a little higher or lower depending on your credit 
score.

3/1 Interest Only ARM = 4.625%

5/1 Interest Only ARM = 4.875%

7/1 Interest Only ARM = 5.375%

10/1 Interest Only ARM = 5.625%

30 Fixed Interest Only = 5.750

FEATURES:
No Points
No Closing Costs
No Income Verification
No Asset Verification
No Employment Verification
No Money Down Purchases
No PMI (Mortgage Insurance)
All Credit Considered
All Loan Programs

Mortgage Master is the Highest Volume Lender in New England

High Volume = High Premium
High Premium = Extra Money
Extra Money = Pay All Your Costs and We Still Make a Profit

The Day You are Ready to Lock, I Will Give You the Best Rate

Dennis Kelleher
Mortgage Master, Inc.
102 Elm Street
Walpole, MA 02081

Direct 508-850-4240
Cell 617-834-7096
Fax 508-355-3099
Free 888-263-1435 X 4240
dkelleher@mortgagemasterinc.com

Licensed in Most of the 50 States

www.mortgagemasterinc.com