Another Approval! CITI MORTGAGE!

Below are the details of the OLD and NEW LOAN TERMS!

OLD LOAN

5.75% FIX
$2,582.70 PRINCIPAL, INTEREST, TAXES, INSURANCE
Client had PMI on his loan
Behind 3 months
Hardship: Client was not working Overtime and with cost of living expenses rising
he needed a help!

NEW LOAN

2.00% FIX for 5 Years
$1,530.00 PRINCIPAL, INTEREST, TAXES, INSURANCE
After 5th Year Interest Rate Increases 1% until it goes to the Cap Rate of 5.125%
Client no longer has PMI
All Late Payments are forgiven and 1st Payment is not until March 1, 2010

That is a monthly savings of $1,052.70!
Client will save $63,162.00 for next 5 Years!
Client will save an additional $24,860.16 after all interest rate adjustments
total savings after loan adjusts to 5.125% is $88,022.16!

Feel free to contact me with any questions you may have 800-208-4753 or refionce@gmail.com