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Facts About Mortgages

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FACTS ABOUT MORTGAGE PAYMENTS

  • If you are paying a mortgage payment you do not own your home.
  • The original lender of the loan has more often than not sold your loan to a secondary company.
  • If you want to reduce your interest payments through the bank, they will force you to refinance the loan; causing all of the figures to be readjusted, hence, you end up paying more in interest than you did originally.
  • Approximately 70% -85% of your mortgage payment is interest which can be compounded twice a year.
  • Banks, lending and finance companies can offer several different payment plans to reduce your interest payments, but their financial systems are not up to computing the information more than once a month.
  • The smallest built bank costs several million dollars to build. Where does the money come from?
  • You can reduce your interest payments on your current mortgage without refinancing the loan.
  • You can reduce the interest on your mortgage without a credit check.
  • You can reduce the interest payments on your mortgage without paying anything extra every month.
  • You can also reduce your interest payments on your mortgage and pay off the loan and own your home up to 10 years earlier!!!

DO YOU WANT TO KNOW HOW???

THUM ENTERPRISES

has the answers !!!!!!

CALL US AND WE WILL HELP YOU TO START SAVING MORE OF YOUR OWN MONEY!!!!

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Nickel Property Management  2005