New Loan Modification Approval GREEN TREE Servicing

Here is a new Approval we just received from Green Tree Servicing
Borrower was behind by 2 payments and is a Business Owner who has
seen the Business sales go down since 2008. The Homeowner had a
5 Year Fix Loan and was making the Taxes and Insurance Separately from
the Mortgage Payment. Old Interest Rate was 5.375% and now the new interest
rate will be 2.00% for the first 5 years and go up 1% every year until it hits
the ceiling rate of 4.50% fixed for the life of the loan. Check out the
details below and see how much the Homeowner is saving Now!!!! Call or email me
today and let's get started!!! 

OLD TERMS

$417,000.00 Original Loan Balance
5.375% Interest Rate
5 Year Fix Loan than it would adjust
$2,335.08 Principal and Interest Only
$902.23 Property Taxes and Homeowners Insurance.
$3,237.31 Total Mortgage Payment with Taxes and Insurance

NEW TERMS

$397,453.93 New Loan Balance
2.00% Interest Rate
5 Year Fix after 5 years interest rate goes up 1% until it caps out at 4.50%
$1,203.59 Principal and Interest Only
$902.23 Property Taxes and Homeowners Insurance
$2,105.82 Total Mortgage Payment with Taxes and Insurance

The savings per month is $1,131.49 equaling to $67,889.40 after 5 years
when you minus the OLD Payment of $3,237.31 to the new payment.

The savings per month after on the 6th year is $936.79
The savings per month after on the 7th year is $731.27
The savings per month after on the 8th year is $625.55

In all the Homeowner is going to save hundreds of thousands of dollars since the loan is not in danger of adjusting to a higher interest rate since I DO SEE INTEREST RATES climbing to Double Digits in about 5 years Good Luck asking the banks to give you 2% or 4.50% down the road!
The new loan is now fixed for life at the low rate of 4.50%! That is the lowest interest rate you can possibly get in today's low interest rate market!