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Everyone has heard of a 30 year fixed rate loan. These are the oldest and most common loans available to borrowers. The borrower has three options only:  Make the payment for 30 years, sell the home, or refinance.   Most borowers don't know that the majority of the payment for the first 7 years is interest -- very little of the balance is reduced.  Plus, the average American moves every 7.5 years.  The bank has collected a lot of interest and the borrower has reduced their balance very little.  Also, American's refinace their homes on average every 6 years.  The real winner is the bank who has your 30 year loan and is servicing it.

There are loans for primary residences that allow the borrower to control the payment and equity like never before!

Call me for a free mortgage analysis.  I will look at where you are in your life, job and family, then give you other loan options to review in addition to a regular 30 year loan.

Call 480-390-2123 or email  Mani555@aol.com




Michael 'Mani' Bongiovanni - 8330 East Hartford Drive Suite 101 - Scottsdale, AZ 85255
Cell Phone: 480-390-2123 Fax: 480-609-4111
Email: mani555@aol.com

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We lend in the following states: AZ & WA.  Mortgage Banker & Broker  Bk-0904318 

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