Imagine what you could buy with an extra $75,000 – Another bedroom, a better view, maybe a swimming pool – The USA Financial Solutions Program is more flexible than the tougher Fannie Mae requirements so, we can help you get the home you REALLY want. Take a look at the comparison & see the difference. Work with me and see what USA Financial Solutions LLC can do for you. You will get my personal attention, fast turnaround, and quick close of escrow. Just give me a call.
The USA Financial Solutions Program With USA's Financial Solutions Program, we are here to help First time home buyers get their next home sooner. It is designed to help you gain equity faster, so you don’t have to wait for the right market condition to accelerate your property’s appreciation.
How Does It Work?
USA's Financial Solutions Program pays the loan down more swiftly
- Its monthly payments are divided in half & paid every two weeks
- Its 26 bi-weekly payments pay off the loan sooner than 12 monthly payments
- It will save you THOUSANDS of dollars over the life of your loan – compared to a similar 30-year ARM monthly payment.
So, when you want to move up more quickly, call Jeff Lagoni at USA Financial Solutions LLC.
You Decide
Unlike the rigidity of a fixed rate loan, your USA Financial Solutions Program has monthly payment flexibility. You can CHOOSE how much you want to pay EACH MONTH, so you can stay within your budget’s guidelines, or know how much cash you’ll have on hand. And that makes life a little easier.
The Choice is Yours
Your USA Financial Solutions Program has a payment option feature that gives you terrific flexibility in how you pay off your loan. The options available to you are listed on your billing statement. SO, every month, you can make a payment that fits your budget, short-term or long, and plan accordingly.
Look at the Flexibility the USA Financial Solutions Program Can Give You
Sample Payment Options
| Minimum Amount Due |
$499.00 |
| Full Interest Payments |
$598.00 |
| Full P & I Payment |
$782.00 |
| 15 Year Payment Plan |
$1165.00 |
Sample payment based on $150,000 loan amount with 4.81% APR
In this example, you see that the difference between the minimum amount of $499 and the 15 year plan payment of $1165 is over $650! That is a considerable amount of money. For some people, it would be wise to pay the minimum, and use the difference for bills or special projects. For others, it makes more sense, in the long run, to pay one of the higher options. How do you decide what to pay? You need to factor in the financial needs of your family both long-term and short.
The Advantages of Paying The Minimum Amount Due
With this payment option, you could have considerably more cash in your pocket every month to spend on other things:
Pay off debts: If you have outstanding credit card debts, you’ll save the difference between the rate charged on other loans (18% or more for Visa®, MasterCard®, and store credit cards) and the much lower rate on your USA Financial Solutions Program.
Make home improvements: Increase the value of your property and make your life more enjoyable by remodeling, renewing, and refreshing your surroundings. Lay new carpeting. Add a bathroom. Redo the kitchen. Landscape. Install a deck.
Invest at a higher return: Use the money to get a higher return than your mortgage interest rate. Fund an IRA, invest in a mutual fund, or build up a college fund for your children.
It makes good sense: Making the minimum payment helps maximize your cash flow. It’s a good idea if you are self-employed or on commission; if your income fluctuates or if you expect your income to increase; or if you plan on moving in the next few years.
Deferred interest: By choosing to pay the minimum, you may accrue deferred interest (also known as negative amortization) because the payment does not cover the full interest payment. As a result, interest is added back to your loan’s outstanding balance. You can choose to leave it alone, let it accrue, and pay it off later if you need the tax write-off. Or, you can choose to make higher payments.
The Advantages of Paying More
Electing to pay the Full Interest Payment, the Full Principal and Interest Payment, or the 15-Year Plan Payment is to your benefit if you want to:
• Build equity in your home faster.
• Be less in debt.
• Realize more cash should you sell your home.
• Reduce your taxes this year. (Deferred interest is tax-deductible the year you pay it. Ask your tax consultant.)
• Pay off your loan in as few as 15 years.
It’s a good idea: Paying more than the minimum amount due makes good sense if you have no high-interest debts such as credit card balances, business loans, or personal lines of credit. If you are now at or near the peak of your earning power; if you want to build equity in your house faster; and if maximum tax savings are important to you, consider making payments higher than the minimum.
