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Mortgage Payments Are Due But Rents Are Down. What To Do?

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snardin Posted: 10-24-2007 9:08 AM
I specialize in strategic Investment Property financing and am Property Owner myself.  We are very busy right now helping Property Owners prepare for the slow season with our Deferred Interest Program.  This program has worker very well for me and my customers in similar situations.  This program is great for Rental Property Owners who are Equity Rich, but Cash Poor, in this "Buyers Market."  I am sure have heard of an Interest-Only Mortgage, but what if you could even deffer some of your interest each and every month? 
 
Our new Deferred Interest Program is fixed for three years and has a "No Prepayment Penalty" Option.  On top of that, the Lender pays us directly, so we don't charge any Fees or Origination Points to facilitate your loan.  It would be my pleasure to take a look at some scenarios and estimate what your monthly payments would be on our Deferred Interest Program.  To give you an idea of how much you could free up your cash-flow each month, the Deferred Interest Payment on a $500,000 mortgage would be $1,848!
 
Please let me know how I may be of assistance by either responding to this post, emailing me at snardin@ffmlending.com or calling me at 616-915-9691.
 
Steve Nardin
Family First Mortgage Corp.
40 Monroe Center, Suite 200
Grand Rapids, MI  49503
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