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mortgagecentralcorp@earthlink.net
Our Website
www.mortgagecentralcorp.com
CALL FOR YOUR
*FREE*
In-House Credit Report
Pre-Qualification
*Specializing In*
FHA - Conventional Programs
Purchases & Refinancing
*Investor Programs a Plus*
Self Employed - No Income-Verification
Jumbo – Second Homes
Short Sale Purchases
727-446-4053
Clearwater, Florida
Licensed Brokerage Business |
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How Much Can You Afford?
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Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.
Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs. To email yourself a copy of the results, click the Receive this Detailed Analysis link. |
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Dear Friends;
Lately, you might have heard or read that the Sub-Prime Market is in trouble. They stopped or made it more difficult to write slow credit loans. Even some of those loans that weren’t so risky they stopped.
The Good News
Fannie Mae, (Government back loans) are excepting sub-prime type loans in there system. Most of them at much lower interest rates then the sub-prime lenders. Congress wants to overhaul the Fannie Mae system. Do away with the expanded approval programs. Before that happens, call me and discuss your options at no obligation to you.
Fannie Mae’s Approval System
Fannie Mae has a Leveling Structure Approval System. This means, the approval levels can range from an Approved / Eligible, which is the best outcome with the lowest interest rate, to Approved / Eligible IV, Which means a little higher interest rate then the Approved / Eligible approval, but still much lower then the sub-prime rate. But these loans will be at a fixed interest rate with no pre-payment penalty.
And of course, we do appreciate your business...
Mortgage Central, Corp.
727-446-4053 |
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