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Monthly LIBOR is: |
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For the one time cost of the % margin, your fully indexed rate for 30 years would be: |
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With an intermediate rate cap, and the margin, your rate would never go over 1% of the start rate (your Beginning Monthly LIBOR + your initial margin + 1%) for either 3 or 5 years:
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For your protection, if you did the Home Ownership Accelerator® today, your maximum rate would be capped for 30 years at a maximum of 5% over your start rate (your Beginning Monthly LIBOR + your initial margin + 5%):
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The Home Ownership Accelerator® The Last Loan you will ever need.™
Please notice that the Home Ownership Accelerator® offers a protection for rising rates. Your floor is your margin. In theory, if the Monthly LIBOR were to go to zero, your floor is just your margin. Ask your valued loan originator here for more details and to discuss the history of the Monthly LIBOR and how it compares to the Federal Funds rate. You can now become your own Bank! The power of your deposit, running through your home will offset interest due. Is your checking account working for you? Really?™ |
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Tom Lindh`s Originators Join Content Session |
Jim Tomczak`s Originators Join Content Session |
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| Your Home Video Version 1 |
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The "Home Ownership Accelerator" and the yellow flying house logo are registered trademarks of CMG Financial Services, Inc. Used with permission. Variable rate line of credit; balance may increase if draws exceed payments. All material copy written, trademarked, and/or patented by the above or TPL for CMG Financial Services Inc. for use with the Home Ownership Accelerator®.
Copyright © for all video material: TPL for 2007 CMG Mortgage. Designed by Glowing Mind for the sole use of CMG Mortgage. All rights reserved by CMG Mortgage. CMG license: CA DOC lic. Under CRLA #4150025; AZ Mortgage Banker License #0903132; Georgia Licensed Residential Lender; Kansas licensed mortgage company #2000-0848; Mississippi licensed mortgage company; Montana Consumer Loan Lic. #966, Ohio Mortgage Broker Lic. #MB803077000. Registered address for CMG Financial Services, Inc. is 3160 Crow Canyon Rd, Ste 400, San Ramon, CA 94583.