Tuesday, November 27, 2012

Friday, November 23, 2012

Debt Consolidation With Home Equity As Security



Debt Consolidation Loan – Pay Off Credit Cards
Why Consolidate Your Credit Cards and Debt?
Pay Off Credit Cards and Save Money Every Month
Eliminate Credit Cards and Other High Interest Debt
Improve Credit Scores by Lowering Credit Utilized

Consolidate Your Loans With a Debt Consolidation Home Equity Loan

Most people have more than one debt. You may have high interest credit cards, loans and mortgages. To pay off one debt you may need to borrow from someone else, creating yet another debt. The solution to this problem is a debt consolidation mortgage loan. We can help you consolidate your debts and lower your payments by eliminating the monthly payments associated with your credit cards and debts. This is also the first step in improving your credit scores as anytime you utilize more than fifty percent of your available credit card balances, you are causing a reduction in your scores.
If you own a home, you can get a debt consolidation home equity loan. With a debt consolidation home loan you are able to consolidate each of your high interest credit cards, as well as your consumer loans, into one inexpensive and affordable monthly payment with low interest. We specialize in helping you get control of your finances and your mortgages with simple common sense home mortgage loans and solutions.
Debt Consolidation With Home Equity As Security
A debt consolidation home equity loan is a secured loan where your property will be security against the loan. The lender will have a lien on your house until you pay off the home equity mortgage loan in full. While you’ll continue to own your home as loan collateral, the debt consolidation home loan will keep the creditors away and keep you out of bankruptcy. You’ll be able to save a little, because the single monthly payment will be considerably less than the sum of the ones you had before.
The first thing to do once you’ve obtained your debt consolidation loan is to look over the use of your credit cards, so that you don’t use any of them in times of temptation, thereby increasing your debt. This will definitely put you right back in hot water.
Tax Deduction and Debt Consolidation
Another possible advantage is that interest you pay on your equity debt consolidation loan may be tax deductible. Normally, if you add your first mortgage to a new debt consolidation loan, and the total does not exceed 100% of the appraised value of your property, the interest you pay will be fully deductible. Your tax consultant can advise you on the matter, and it’s always a good idea to check with him or her.
We specialize in debt consolidation loans and refinances. Speak with one of our loan officers today to get a free consultation on how much money we can save you every month.

Monday, November 19, 2012

Michael Schenk Another Happy Customer.



Michael did a great job arranging our refinance and giving us an overall great rate in a very reasonable time frame. We have used him a few times now for house refi and he has always been very professional and timely in getting back with us. A true professional. November 16, 2012
Top qualities: Great Results , Personable , Expert

Michael Schenk | Loan Originator
350 Pfingsten Road
Ste 103
Northbrook, IL 60062
tel  224.374.1465
cell 312.375.9069
fax 972.616.6178
Illinois Loan Originator #: 031.0006141
NMLS #: 219469

Another Satisfied Customer for Anthony Pipitone and Leland Maniloff





I wanted to tell you what a pleasure it has been working with Leland Maniloff and Anthony Pipitone. We started my refi at the end of October and my closing is set for tomorrow. I obvious got a great rate and the whole process was a great experience. Both gentlemen were very prompt with their respective responses to me whenever I had a question regarding the process. Please take the time to commend them both and your entire staff. Also, I have referred Mr. Pipitone to another employee within my organization that is also interested in refinancing his home. I’m sure that he will be contacting Anthony very soon if he hasn’t already.

Thank you very much and have a Happy Thanksgiving.

Albert Walczak

Call Anthony Pipitone TODAY for Excellent Customer Service and THE RIGHT LOAN!
Anthony Pipitone | Loan Originator
350 Pfingsten, Suite 103
Northbrook, IL 60062
office:  847-849-1714
fax:  214-716-1105 (efax)
mobile:  847-977-4681
Illinois Loan Originator License #: 031.00001924
NMLS License #:  183088

Wednesday, November 14, 2012

Truly, the Truerate Difference Reviewing The Truerate Pledge to our Customers


Truly, the Truerate Difference 

Truerate is different from the typical mortgage broker in a number of ways.  Don't take our word for it.  Go see for yourself.  In fact, that is part of the Truerate pledge.  We never use scare tactics or say things like, "other brokers can't service your needs the way we can" or "you'll never find a better rate".  We encourage you to shop around and find out for yourself.  We actually encourage you to get at least two or three competitive quotes... especially if you have done business with that mortgage broker before, as repeat providers often assume you will not shop for better rates.  At Truerate, we believe talk is cheap and performance is what counts.

Truerate has tried to create a better business model by making the mortgage process less intimidating, confusing, and experience.

People often ask:  If Truerate is able to provide such low rates, how does it make money?  The answer is we depend on technology, efficiency, and volume to remain profitable while still providing you deals at the best rates.  In fact, unlike most other brokers, we tell you upfront exactly how much we make on your loan, so you can see for yourself.

Shining light on the mortgage industry:  why customers have suffered and why Truerate is different.

At Truerate, we understand the state of the mortgage business and what now goes into obtaining a mortgage.  In the aftermath of the housing crisis, the mortgage process is more challenging than ever, irrespective of your ability to repay your mortgage.  Never before has more bureaucracy and arbitrariness dominated the process.  Government regulators and underwriters are now more concerned about preventing losses to lenders than making it easy and seamless for you to obtain a mortgage.  That is where Truerate can help.

First, we strive to make the process as simple and streamlined as possible for you.  That is why we provide you with information about the market and rates available to you before you are ever required to commit or provide reams of information to us.

We also aim to provide you with the LOWEST mortgage rates possible.  First, we utilize technology, efficiency and volume to offer you low prices and still run a profitable company.  Second, our loan coordinators have no incentive to charge you higher rates, because they are always paid the same amount.  In the aftermath of the housing crisis, Congress passed into law the Dodd Frank Act, which amended portions of the Truth in Lending Act.  Companies are not permitted to alter their compensation to loan officers depending on the rate charged to the customer. That doesn't mean it still doesn't happen.  We promise you that it NEVER happens at Truerate.
\





Thank You,
Steve Banass
Director of Quality Control
DIRECT:  (224)-374-1470
Toll Free (877) 278-9558 xt 7007
TrueRate Partners
350 Phingsten Road Suite 103
Northbrook,  Illinois   60062


Tuesday, November 13, 2012

The Truerate 5 Point Pledge; Point 5



The Truerate 5 Point Pledge
Point #5 Truerate Customer Service

We give you our best rate up front, so there is never any haggling. We also train our Staff not to use scare tactics or other questionable practices. We encourage you to shop around and see if our competitors can measure up.

Thank You,
Steve Banass
Director of Quality Control
DIRECT:  (224)-374-1470
Toll Free (877) 278-9558 xt 7007
TrueRate Partners
350 Phingsten Road Suite 103
Northbrook,  Illinois   60062


Monday, November 12, 2012

The Truerate 5 Point Pledge; Point 4


The Truerate 5 Point Pledge
Point #4 Lower Fees. How? It's simple....

We use technology, efficiency and volume to keep costs low, but still make money. We also do not use application fees to make money.
We only use application fees for legitimate 3rd party expenses like appraisals.Finally, our licensed Loan Originators never get paid more for higher rate loans, meaning there is never any incentive to charge you a higher rate.

Thank You,
Steve Banass
Director of Quality Control
DIRECT:  (224)-374-1470
Toll Free (877) 278-9558 xt 7007
TrueRate Partners
350 Phingsten Road Suite 103
Northbrook,  Illinois   60062

Saturday, November 10, 2012

The Truerate 5 Point Pledge; Point 3

The Truerate 5 Point Pledge
Point #3 We provide YOU with Market Information

Unlike many other Mortgage Brokers, we provide customers with not only the retail mortgage rates that they pay, but the best wholesale 30 year mortgage rates available each day.

Our prospective Customers work with us on a daily basis, watching the markets and closing at the precise time to not only get the best rate, but the lowest fees you will ever see.

Thank You,
Steve Banass
Director of Quality Control
DIRECT:  (224)-374-1470
Toll Free (877) 278-9558 xt 7007
TrueRate Partners
350 Phingsten Road Suite 103
Northbrook,  Illinois   60062





Friday, November 9, 2012

The Truerate 5 Point Pledge; Point Two

The Truerate Partners 5 Point Pledge
Point 2: Transparency and Full Disclosure at every step.

We are fully committed to providing you, the customer, with full disclosure and transparency at every step of the way. 

That includes disclosing how much profit we make on each deal... that's right...ask other mortgage brokers if they can do that.

Come back tomorrow for Point 3:

Thank You,
Steve Banass
Director of Quality Control
DIRECT:  (224)-374-1470
Toll Free (877) 278-9558 xt 7007
TrueRate Partners
350 Phingsten Road Suite 103
Northbrook,  Illinois   60062


Thursday, November 8, 2012


Fixed mortgage rates were mostly lower, although the benchmark 30-year fixed mortgage rate held at 3.57 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.4 discount and origination points.

The average 15-year fixed mortgage rate inched lower to 2.88 percent and the larger jumbo 30-year mortgage set a new record low of 4.09 percent. Adjustable mortgage rates were mixed. The 3-year ARM moved higher to 2.82 percent, the popular 5-year ARM remained at 2.72 percent, and the 10-year ARM slipped to 3.18 percent.  
Now that the presidential election is out of the way, attention turns to the looming fiscal cliff. Financial markets will become increasingly nervous with each passing day if substantive progress toward a resolution isn't made. These concerns could bring bond yields and mortgage rates still lower in the weeks ahead. Mortgage rates are closely related to yields on long-term government bonds.  
The last time mortgage rates were above 6 percent was Nov. 2008. At the time, the average 30-year fixed rate was 6.33 percent, meaning a $200,000 loan would have carried a monthly payment of $1,241.86. With the average rate now 3.57 percent, the monthly payment for the same size loan would be $905.92, a difference of $336 per month for anyone refinancing now.


Read more here: http://www.sacbee.com/2012/11/08/4970048/bankrate-a-tame-week-for-mortgage.html#storylink=cpy


Read more here: http://www.sacbee.com/2012/11/08/4970048/bankrate-a-tame-week-for-mortgage.html#storylink=cpy

Monday, November 5, 2012

Saturday, November 3, 2012

TruRate Partners: Home Purchase Loans

TruRate Partners: Home Purchase Loans: Home Purchase Loans Get Into Your New Home Fast! Fast Pre-Qualification Rates You Can Depend On Streamlined Loan Approval Process A p...