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Rapid Mortgage Reduction
The true cost of your loan is not just the interest you pay, it is also the amount of time it takes to pay the mortgage completely off. We can show you how to reduce the length of your mortgage, saving you a significant amount of money.
There are many things to consider when choosing a lender or loan product to purchase your home, and as most people do not purchase property on a regular basis, they are not aware of some of the options available.
Many people focus on looking for their home and are relieved when they get a loan approved.
In most cases a mortgage is your biggest debt you will ever have, and there are many ways to manage your loan. Some lenders allow you to rapidly reduce your mortgage and make huge savings.
We work with our clients to provide the best loan structure allowing the client total flexibility and control to reduce the mortgage more effectively.
Below is an example of how a client can save thousands of dollars.
This is based on a loan of $400,000, the interest savings are potentially $182,635.00 and the new loan term is only 20 years.
Would you like to reduce the length of your mortgage?
Contact us to get free personal mortgage advice. Our brokers can guide you toward the right financial solutions for your needs, possibly saving you thousands and reducing the terms of your repayment.
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Published by Scott Miller
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