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Does any of this sound
familiar?
"We will close your loan
with ZERO Points & Zero Closing Costs!"
"We will close your loan
for only $395 in lender closing fees"
"We are a "Direct Lender"
so there are no middle man fees"
"Fill out one form and
have four lenders compete for your business"
No points? Only $395 for
closing costs? Direct Lenders cost less? The lender pays for the
all the closing costs? Can that be right? On the surface it sounds
great, but deep down you know something is wrong.
Here is what most people
assume: "Well, the lenders are making all that interest over the
life of the loan, so they can afford to pay for closing cost."
Are they actually paying
for all those fees and closing costs? The answer is a resounding
No! If not them, then who is? You guessed it....YOU ARE!
We are offering you a rare
opportunity come through the looking glass and take a trip down
the rabbit hole just like Alice in Wonderland. |
 |
Why is this information so important?
Understanding how a lender gets paid levels the playing field!
- We will tell you the one
question to ask that all lenders fear.
- Where to look to see what
the lender is actually charging you.
Learning the truth about "Direct Lenders" levels the playing field!
- What is a "Direct Lender"
and how are they different?
- What advantage, if any do
they provide?
Learning how lenders pay your closing costs levels the playing field!
- How can lenders afford to
pay $2,000 to $5,000 in hard closing costs?
- Exactly which closing costs
are lenders willing to pay?
Learning if lenders will compete for your business levels the playing
field!
- How do these companies
match me with the perfect lender?
- What do these people do
with the information I send them?
Understanding your credit score levels the playing field!
- Why do I get charged extra
points just because of my low credit score?
- What can I do to improve my
credit score?
|
Look at these numbers. Look at how
much money you can save in interest payments if you can reduce just
One Half of a Percentage Point off your mortgage interest rate!
|
Loan Amount |
Monthly |
1 Year |
3 Years |
5 Years |
30 Years |
|
$ 100,000 |
$ 41 |
$ 500 |
$ 1,500 |
$ 2,500 |
$ 15,000 |
|
$ 200,000 |
$ 82 |
$ 1,000 |
$ 3,000 |
$ 5,000 |
$ 30,000 |
|
$ 300,000 |
$ 125 |
$ 1,500 |
$ 4,500 |
$ 7,500 |
$ 45,000 |
|
$ 400,000 |
$ 166 |
$ 2,000 |
$ 6,000 |
$ 10,000 |
$ 60,000 |
|
$ 500,000 |
$ 208 |
$ 2,500 |
$ 8,500 |
$ 12,500 |
$ 75,000 |
This is the
difference between having a 6.5% loan and a 6.00% loan.
The information in this book can help you achieve these savings
by showing you How a Lender Gets Paid!
Why listen to what we
have to say?
What makes us an expert in this field? Well you probably have guessed it. We worked in the mortgage business. We made our living do this, we know how it works and we know what questions made us nervous. Offering mortgage advice and tips is something that we did for our customers on a regular basis.
Why do we want you to
buy this book?
We want you to take mortgage advice from us? It's so that you can ask the right questions and feel confident you are getting a fair deal when you go to purchase your next mortgage. It's that simple.
|
The Top Five Things You Will Learn From This Book |
|
1. Learn How Lenders Get Paid on Each Loan Program. |
|
Lenders determine what rate they will offer you
based on a number of conditions that fit your profile. We will
show you the same exact charts and data they look at to determine
your rate and terms. We will give you specific, easy to follow
examples as to how this works. This is your chance to sit on the
other side of the table and be the lender.
Through this process you will see first hand
How Lenders Get Paid! From this you will learn exactly what
question to ask your lender when he quotes you a rate. We
guarantee that 90% of the people who purchase a mortgage NEVER
ask. This question can save you thousands of dollars over the life
of your loan!
|
 |
|
2. How to know what Type of Lender you are Dealing with. |
| Lenders come in all shapes and
sizes. There are banks, brokers, "direct" lenders, etc. They each
provide the same service, but they each have their own way of
making money. Am I better off going to a "direct" lender, can a
broker really find me a better deal? Knowing the differences
between these types of lenders puts you on the right track to
saving money. |
 |
|
3. Learn to Read through the Advertising Campaigns. |
|
We feel that next to political campaign ads, mortgage ads rank #2 in terms of deception. We will take you through several ad campaigns and show you where they are misleading you. Although by the time you get to this part of the book, you will probably be able to figure it out yourself. This is mortage advice that you will never get from a lender.
Are Zero Point loans
really zero points? Can a lender really afford to pay for your
hard closing costs? Do Internet sites really have lenders compete
for your business? Can a person with poor credit really get the
same deal a person with excellent credit can get? The answers and
more are right inside this book. |
 |
|
4. Loan Programs Explained Clear and Simple. |
| Fixed rate, ARM, 3-year fix,
LIBOR, MTA, LTV, CLTV, Pick a payment, interest only, stated
income, full documentation, FICO. Sound confusing? Yes it does,
but it doesn't have to be. We will explain all of these plus more
in a simple and easy way. Considering an adjustable rate mortgage?
Make sure you understand what 2/5/5 means on the broker's pricing
sheet. Understanding the "lingo" will help save you money on your
mortgage purchase. |
 |
|
5. Learn How Your Loan Qualifying Factors are Applied. |
|
Like it or not, when you apply for a loan, there are specific qualifying factors that will determine loans that are available to you and the rate you will pay. No matter what a mortgage lender says about treating you "like a person", it all comes down to fitting specific qualifying factors into a specific matrix.
We will explain how your
credit score, loan amount, loan type, and other factors mesh
together to determine your loan options. Understanding this
process will help you determine if you are getting a fair deal on
your mortgage purchase. |
 |
You
can be reading this book and educating yourself in minuets. You will
be able to
DOWNLOAD this eBook IMMEDIATELY after purchase!
100% 90-Day Money Back
Guarantee!
Buy with Complete Confidence
We are so
confident that you will benefit from this book, that if you are
unsatisfied with the
information in this book, you can receive a full refund within 90 days of
purchase!
Free Bonus #1
My Mortgage
Cost Calculator
Software Program
This is the companion software program that compliments the mortgage advice and tips learned in the book. The software allows you to create different loan scenarios and calculate the the "real" mortgage closing costs based on the principles you learn in the book. It then allows you to compare the costs of the two different loan scenarios and print the results.
This software program alone is worth $25! It’s yours free with the purchase of this book! (Microsoft Windows 98 & higher compatible.)
Free Bonus #2
How much faith should you put
into the "Good Faith Estimate"?
Lenders are required to give this to you with every application. Are they worth the paper they are written on? In some cases yes, but you have to understand where they get those numbers from and how accurate they are. Don't miss out on this mortgage tip.
Free Bonus #3
How does locking a loan affect
your mortgage and the amount of money your lender makes.
What happens when your lender locks in your loan rate? Is this good mortgage advice? What are the benefits to you? How can your lender use this to his advantage? Brokers use this little "trick" all of the time.
Free Bonus #4
Our free resourse guide to a multitude of financial institutions and services. You will find more mortgage tips and advice from these sources as well.
This resource guide contains
many of the best informational sites on the mortgage industry. Save
time and effort by looking here first for the best mortgage
information.
Free Bonus #5
What happens to your mortgage
after it is purchased?
Learn how your mortgage gets
sold and where it ends up. Who is really reaping the return on your
payments? Is it banks, Wall Street, individual companies? Not many
people understand this process; you will be one of them after reading
this section.
You can be reading this book and
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|
