CASE STUDY #1

In this example you see that our client had an existing loan balance of $338,246. They went from 9.125% interest rate to 6% fixed interest only monthly payment. Their monthly payment went from $2,752 to $1,691. They didn’t have any arrearages, no notice of default, no months behind, and they were able to save $1,060 per month!

Highlights

• 3.125% interest rate reduction!
• Was and ARM now fixed!
• $12,730 in annual savings!
• $235,478 savings over the life of the loan!
• $21,061 that they were behind in payments has been waived!
• Account is now in current standing!

CASE STUDY #2

In this example you see that our client had an existing loan balance of $348,750. They went from 8.96% interest rate to 5% fixed monthly payment. Their monthly payment went from $2,796 to $1,769. They didn’t have any arrearages, no notice of default, no months behind, and they were able to save $1,052 per month!

Highlights

• 3.96% interest rate reduction!
• Was ARM now fixed!
• $12,624 in annual savings!
• $307,778 Savings for life of the loan!
• $5,300 that they were behind in payments has been waived!
• Account is now in current standing!