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Who is excited about
the Equity Builder Advantage Program |
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I was in a regular ARM program and
then I found Real Solution Mortgage. I now make 26
biweekly payments each year which will pay off my loan
faster than 12 monthly payments. I gain equity more
rapidly, own my home years sooner, and save thousands of
dollars in interest over the life of the loan compared
to a similar 30-year monthly payment adjustable rate
loan. The goal is to maximize my savings.
Karen AZ |
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Equity Builder Advantage Program Details |
- Equity Builder loan is an adjustable rate mortgage. Interest rates and payments vary over life of the loan.
- Current rates are ranging between 6.5%-8.5% depending upon credit, points or no points, income type, equity, pre-payment penalty and LTV.
- The initial, subsequent and life cap adjustments are tied to
the LIBOR index.
- 30 year term allowable.
- “Equity” is actual reduction in principal with no property
appreciation considered.
*Comparisons shown are between the Equity Builder ARM with biweekly payments and the 30-year ARM with monthly payments. All other features are identical. The example assumes a down payment of 20%. Savings may vary and are over the life of the loan. The APR is subject to increase after the loan closes. |
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