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Mortgage Pp For Customers

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Information about Mortgage Pp For Customers
Finance

Published on November 18, 2008

Author: zerotoonemil

Source: slideshare.net

Description

SAVE 120 PAYMENTS ON YOUR EXISTING MORTGAGE WITHOUT REFINANCING
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Mortgage Managers LLC Mortgage Reduction Specialists 1-312-593-7815

What you are about to read in this presentation is unbelievable. It is legal and the banks and mortgage companies are doing this to you and your family

You pay your last mortgage payment the day you die The word MORTGAGE is derived from two Latin words Mort which means death Gage which means Pledge So all of you with a mortgage have made a pledge to the death Don’t worry because we at Mortgage Managers LLC have consultants who will teach you how to manage your mortgage to your benefit. With our system you will build equity in your property and own your house in a shorter period of time.

The word MORTGAGE is derived from two Latin words

Mort which means death

Gage which means Pledge

So all of you with a mortgage have made a pledge to the death

Don’t worry because we at Mortgage Managers LLC have consultants who will teach you how to manage your mortgage to your benefit.

With our system you will build equity in your property and own your house in a shorter period of time.

Mortgage brokers know next to nothing about getting you the best mortgage

Banks and Brokers They are out to make sure that they get a big fat commissions on your mortgage What does this mean to you ? That you have probably not spent as much time and attention to your mortgage loan as the property that you purchased Lets face it, the loan cost you money not the property

They are out to make sure that they get a big fat commissions on your mortgage

What does this mean to you ?

That you have probably not spent as much time and attention to your mortgage loan as the property that you purchased

Lets face it, the loan cost you money not the property

120 unnecessary mortgage Payments After 15 years of paying off a loan you will still owe over 90 % of the original amount borrowed After 24 years you still owe 50% of the original amount borrowed. Mortgage Managers LLC can help you understand and work your mortgage to your advantage

After 15 years of paying off a loan you will still owe over 90 % of the original amount borrowed

After 24 years you still owe 50% of the original amount borrowed.

Mortgage Managers LLC can help you understand and work your mortgage to your advantage

Slash your mortgage by as much as 80% Whether you are an ordinary home owner locked into a crippling mortgage plan or a street smart property developer looking to beat the system. Mortgage Managers LLC proven reduction system will help you to build equity in your property and pay off your mortgage quickly

Whether you are an ordinary home owner locked into a crippling mortgage plan or a street smart property developer looking to beat the system.

Mortgage Managers LLC proven reduction system will help you to build equity in your property and pay off your mortgage quickly

Mortgage Managers LLC We give you the facts and information that the banks and mortgage companies don’t want you to know Guaranteed to save you tens of thousands of dollars on you existing mortgage

Guaranteed to save you tens of thousands of dollars on you existing mortgage

By the way this is perfectly legal But there is a right and a wrong way of doing this. Those who do it right hardly ever talk about it. That’s why 99% of the people have no idea how to pull this off and only end up a financial slave to their property

But there is a right and a wrong way of doing this.

Those who do it right hardly ever talk about it.

That’s why 99% of the people have no idea how to pull this off and only end up a financial slave to their property

MMLLC System No refinancing of 1 st Mortgage necessary No alteration to current standard of living Conventional Banking only offers these options Refinance to lower interest rate Bi-weekly Mortgage payment Apply more money to principal MMLLC system can eliminate next months’ INTEREST NOW

Conventional Banking only offers these options

Refinance to lower interest rate

Bi-weekly Mortgage payment

Apply more money to principal

MMLLC system can eliminate next months’ INTEREST NOW

Two types of loans offered Component #1 Your 1 st Mortgage Closed-End Loan: The lender at minimum will apply a full scheduled payment We can pay money in but cannot withdraw Driven by an amortization schedule Calculates interest charges from month-end principal balance

Component #1

Your 1 st Mortgage

Closed-End Loan:

The lender at minimum will apply a full scheduled payment

We can pay money in but cannot withdraw

Driven by an amortization schedule

Calculates interest charges from month-end principal balance

In a Closed end Loan Look at an your amortization schedule and you will find the total repaid and the total net effective interest rate It is generally over 100%..the question is why? The answer is the power of compound interest

Look at an your amortization schedule and you will find the total repaid and the total net effective interest rate

It is generally over 100%..the question is why?

The answer is the power of compound interest

In an Open-End Loan The lender will apply money to loan balance when received Lender will adjust principal balance multiple times per month Views daily balance to assess interest charges

The lender will apply money to loan balance when received

Lender will adjust principal balance multiple times per month

Views daily balance to assess interest charges

Our system has an Interest Cancellation Effect By working the banks Amortization Schedule you are maximizing the interest cancellation effect You work with the banks system to save yourself 120 unnecessary mortgage payments. Closed vs. Open They are totally different, one is an Apple and one is an Orange Is 10% better than 6% ? The real question is whether 10% is really 10% and is 6% really 6%?

By working the banks Amortization Schedule you are maximizing the interest cancellation effect

You work with the banks system to save yourself 120 unnecessary mortgage payments.

Closed vs. Open

They are totally different, one is an Apple and one is an Orange

Is 10% better than 6% ?

The real question is whether 10% is really 10% and is 6% really 6%?

This is what makes the banker happy Closed-End Loan $200,000 Principal loan amount 6% Interest $ 1,199 Monthly payment x 360 Months (30-year loan) $431,677 Total repayment -$200,000 Principal loan amount $231,677 Total interest paid

Closed-End Loan

$200,000 Principal loan amount

6% Interest

$ 1,199 Monthly payment

x 360 Months (30-year loan)

$431,677 Total repayment

-$200,000 Principal loan amount

$231,677 Total interest paid

Banking Rule 72 How long will it take you to double your money (24/yrs) (12/yrs) (6/yrs) (4/yrs) 3% 6% 12% 18% *1-$1,000 *1-$1,000 *1-$1,000 *1-$1,000 24-$2,000 12-$2,000 6-$2,000 4-$2,000 48-$4,000 24-$4,000 12-$4,000 8-$4,000 36-$8,000 18-$8,000 12-$8,000 48-$16,000 24-$16,000 16-$16,000 30-$32,000 20-$32,000 36-$64,000 24-$64,000 42-$128,000 28-$128,000 48-$256,000 32-$256,000 36-$512,000 40-$1,024,000 44-$2,048,000 48- $4,096,000

(24/yrs) (12/yrs) (6/yrs) (4/yrs)

3% 6% 12% 18%

*1-$1,000 *1-$1,000 *1-$1,000 *1-$1,000

24-$2,000 12-$2,000 6-$2,000 4-$2,000

48-$4,000 24-$4,000 12-$4,000 8-$4,000

36-$8,000 18-$8,000 12-$8,000

48-$16,000 24-$16,000 16-$16,000

30-$32,000 20-$32,000

36-$64,000 24-$64,000

42-$128,000 28-$128,000

48-$256,000 32-$256,000

36-$512,000

40-$1,024,000

44-$2,048,000

48- $4,096,000

A new vs. old way to pay off your mortgage Closed-End Loan Eliminate interest Control your money, so your money doesn’t control you Get your money working for you instead of working for the bank Open-End Loan Manage your Amortization Schedule and Principal balance Interest Cancellation Regardless of the type of loan you have MMLLC system will work your loan to your benefit

Closed-End Loan

Eliminate interest

Control your money, so your money doesn’t control you

Get your money working for you instead of working for the bank

Open-End Loan

Manage your Amortization Schedule and Principal balance

Interest Cancellation

Regardless of the type of loan you have MMLLC system will work your loan to your benefit

What is Stagnant Money ? Any money that is sitting around making us next to nothing … such as… Checking Savings Escrow money…i.e. insurance and or taxes Income tax returns

Any money that is sitting around making us next to nothing

… such as…

Checking

Savings

Escrow money…i.e. insurance and or taxes

Income tax returns

Principal Interest Balance Equity On a $200,000 loan @ 6% for 30 years You will have paid $14.389 the first In 21 years paid $300,947 yet you have only built up only $99,436 dollars in equity $99,436 $ 100,573 $502.89 696.23 Year 21 $2,457 $ 197,543 $988.77 $210.33 Year 1 $999.00 $200.10 Month 2 $1000 $199.10 Month 1

a Comparison - Loan amount: $136,058 Balance in 1 year: $136,058 Starting balance Conventional Program MMLLC Program $126,032 $126,193 $45,159 11.917 years $134,726 30 years Balance in 4.7 years : $136,058 Total interest paid Repayment time Total interest savings: $89,566

a

Get your numbers run for free All we need is your Monthly Mortgage Amount A copy of your last or current Mortgage Statement break down How much did you finance AMOUNT How long is the loan for TERM When did you finance DATE At what percent did you finance %

All we need is your Monthly Mortgage Amount

A copy of your last or current Mortgage Statement break down

How much did you finance AMOUNT

How long is the loan for TERM

When did you finance DATE

At what percent did you finance %

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