Mortgage & Refinancing Information


This Secret Weapon Will Eanble You To Close Up To 200% more Home Remodel Sales


Many Homeowners are not aware of all the options that are available to them when it comes to Home Loans. As a Home Remodeling Specialist you have a very powerful sales tool that most of your competitors don't even know exists. By using this Sales tool you can overcame the one Major purchase objection and Close up to 200% More Sales.

One of the biggest objections you will get from your customers when you try top sell them that Remodel, wether it be a Kitchen Remodel, A Room Addition, A Deck, a Fence, A Pool or a Hot tub is I can't afford it. I would love to do it but I just can't afford it. Some Sales Trainers will tell to reply with something like, Lets suppose that you could afford it would you buy that New Room Addition, Kitchen Re-Model, New roof etc.? Most would say sure But I just can't afford it.

The Trial Close
Now You have them. You reply to them if I could show you a way to get that Remodel that you really want, put some cash in your pocket with the same or lower monthly payments would you be interested?

The Close
Most homeowners will say how are you going to do that because you have now peaked their interest. You reply If I can Do it will you buy that remodel? They would reply sure I'd buy it but what is it.

You then Say I work with some special lenders and we find that we can often refinance your house get you a lower monthly payment and and enough cash to pay for this addition lets get you quailified for this program right now.

The Loan
Many Homeowners have fixed rate mortgages with an interest rate of 5% or more. A Monthly payment on a $200,000 Loan at 5% is about $1200. A Monthly payment on a $250,000 loan with an Interest rate of 1.95% is about $920. The Monthly Payment on a $300,000 Loan at $1.95% is about $1,100 a Month still saving the Home Owner about $100 Monthly. A Monthly Payment of $1200 with an Interest Rate of %1.95 would get the Homeowner a loan of over $325,000.

There are many National Lenders offering Adjustable Rate Loans with the Payment fixed for 5 Years with an Interest rates as Low as 1.95%. There are actually loans out there with interest rates as low as 1.25%. Some of these lenders will even aprove the loan online via the internet.

How Many more Remodels can you sell now with the Power of Adjustable Rate Mortgage Closing Tool.

Mike Makler is a Financial Consultant in the St Louis Missouri Area Specializing in Real Estate Loans and Annuites. To Learn More Call Mike at 314 398-5547 or Visit Mike's Web Page http://ewguru.com/finance

Copyright © 2005-2006 Mike Makler


MORE RESOURCES:

Los Angeles Times

Pros and Cons of a Mortgage Refinance
FreeRateUpdate.com
Many homeowners are jumping on the opportunity to save money with a mortgage refinance at the current low mortgage rates. With mortgage rates at historically low levels, some homeowners have refinanced more than once in the past several years which is ...
Who Qualifies for the $26 Billion Foreclosure Settlement?TIME

all 3,425 news articles »


Lenders say mortgage refinance deal will bolster Manatee market
Bradenton Herald
By JOSH SALMAN - jsalman@bradenton.com MANATEE -- A new refinance program to help underwater homeowners will uplift the local economy by putting extra cash into the pockets of those who will spend it, area lenders predict. The deal struck with five of ...

and more »


Mortgage-refinance bill a dangerous deal
Arizona Republic
by Robert Robb, columnist - Feb. 10, 2012 12:00 AM State Sen. Michele Reagan wants to help out underwater homeowners in the worst way. And she has succeeded with SB 1451 -- it's hard to imagine a worse bill. Reagan proposes to establish a state agency ...

and more »


Housing Wire

Obama pressures Congress on mortgage refinance program
Fox News
WASHINGTON – President Obama is rallying support for his plan to expand government assistance to homeowners, pressuring Congress to help lower lending rates for millions of strapped homeowners. Obama, in his radio and Internet address Saturday, ...
President Obama's Mortgage Refinance Plan Just a Bid for VotesYahoo! Contributors Network
Obama Unveils Mortgage Refinance EndeavorsMortgageorb
New Obama mortgage refinance plan to near $10 billionHousing Wire
Go Banking Rates -MNI News -CBS Moneywatch
all 1,239 news articles »


MonitorBankRates.com

Mortgage Refinance Rates: 15 Year Refinance Mortgage Rates at 3.29%
MonitorBankRates.com
Mortgage refinance rates on 30 year conforming home loans are averaging 3.98%, unchanged from yesterday's average 30 year mortgage refinance rate. Mortgage refinance rates today on 15 year home mortgage loans are averaging 3.29%, down from yesterday's ...

and more »


Fox News

Obama Proposes Mortgage-Refinance Plan
Wall Street Journal
By NICK TIMIRAOS President Barack Obama called on Congress during Tuesday's State of the Union address to approve new legislation that would give all homeowners who are current on their mortgages the opportunity to refinance at record low mortgage ...
Will Obama's Mortgage Refinance Plan Be D.O.A.?U.S. News & World Report
Obama proposes mortgage refinance programPolitico (blog)
Obama proposes new mortgage refinance programHousing Wire
Daily Caller
all 314 news articles »


Bloomberg

HARP Refi May Delay PMI Cancellation
NASDAQ
The federal HARP mortgage refinance program can be a huge boon for underwater homeowners. But if you have PMI, there's a little hitch you should know about. While refinancing a mortgage through HARP can cut your interest rate and save you money, ...
New HARP Could Help Up to 6.7 MillionMortgageLoan.com

all 59 news articles »


International Business Times

FOX 11 News Discussion: State of the Union
MyFox Los Angeles
And he aimed a pitch at homeowners, announcing a new mortgage refinance program with "historically low interest rates" that "gives every responsible homeowner the chance to save about $3000 a year on their mortgage." He added, "A small fee on the ...
Winning Words, But Not a WinnerU.S. News & World Report
Obama State of the Union 2012: Mortgage Refinance Changes Face ObstaclesInternational Business Times

all 12,250 news articles »


CBS Local

Six Questions on Obama's Mortgage Refinance Proposal
Wall Street Journal (blog)
By Nick Timiraos President Barack Obama said Tuesday night in his State of the Union address that he would send a plan to Congress to allow all homeowners who are current on their mortgages to refinance. Here's a quick look at the proposal: How is this ...
Obama plan could help refinance Bay Area mortgagesSan Francisco Chronicle

all 19 news articles »


Obama Projects $901 Billion Deficit Next Year With Tax Increases
BusinessWeek
He also would raise $61 billion over 10 years from the largest financial institutions to offset the cost of the Troubled Asset Relief Program and his mortgage refinance plan. The deficit forecast is based on the assumption Congress accepts previous ...

and more »

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