Low second mortgage rates stand for savings.

We provide excellent second mortgage rates in most cities and towns. Following is an example of how your cash flow could benefit from one of our STRESS REDUCER ® second mortgages .

 

Let's say you have the following bills:
Car Loan of	$16,000	@ $490 / per month
Credit Cards	$12,000	@ $480 / per month
Misc. other	$5,000	@ $150 / per month
Total	$33,000	@ $1120 / per month
If these loans were consolidated into one mortgage on your home, the payments could be a s low as $342 per month. ...a savings of $778 per month! (All payments were calculated at 11.75% (our best second mortgage rate as of 04/08 was 9.9%) p.a. compounded monthly and at a 25 yr. amortization. Mortgage rates are dependent on risk, priority of mortgage(s) and financial market conditions.)

With all the different expenses a person faces, it is certainly not difficult to build up a significant amount of debt. With large payments like this eating away at your monthly income, it is almost impossible to save any money, preventing you from getting your head above water. This scenario can quickly become a vicious cycle. This is why re-mortgaging can be a sensible alternative when a person is dealing with large monthly payments. Consolidating many expensive loans by mortgaging your home can dramatically reduce your monthly payments, leaving you with more spending money, and more saving money.