|
Welcome
|
Cash Flow ARMCash Flow ARM products are flexible. I use the Cash Flow ARM on both my home and investment property. I am a mortgage broker specialized in the Cash Flow ARM with 37 lenders offering the Cash Flow ARM to ensure you get the best mortgage for your specific situation. Email cash flow ARM questions. An issue for many is managing income and expenses, or "cash flow". Income varies and unplanned expenses come up. Our mortgage payment is our largest expense, and the least flexible. The Cash Flow ARM gives you control over your mortgage payment. Choose one of four cash flow arm payment options based on your cash flow needs. Cash Flow ARM Minimum Payment A payment is set for 12 or 60 months at a reduced rate. The cash flow arm minimum payment rate for the 12 month option is currently 1.00% and the 60 month option is 1.90%. This maximizes cash flow and may defer payment of interest allowing greater flexibility in managing your tax deductions. This minimum payment can not increase by more than 7.5% each year. Read about the important tax considerations of a cash flow arm. For concerns over deferred interest, read about the small amount of appreciation required to offset it. Cash Flow Arm Interest Only Payment Defer paying principal and improve cash flow. This option is not available if the interest only payment would be less than the minimum payment. Fully Amortizing Payment Options Make a principal and interest payment based on either a 30 year or 15 year payment schedule. I have included a Cash Flow ARM statement as well. The Cash Flow Arm allows you to choose your index from the 1 month LIBOR (London Interbank Offered Rate) or the MTA (12 Month Treasury Average). Here is a 10 year average comparison between a 30 year fixed and fully indexed LIBOR, MTA, COFI, and the 1 year Treasury Index in chart form. Additional Options If you want the security of a fixed payment while still taking advantage of the low payment rates, there is a 5 year fixed payment option. You still have four payment options to select from to manage your cash flow. You also have the ability to increase the term of your loan from 30 to 40 years lowering your payment even further. LTVs are now available up to 100%! The Minimum Payment Advantage This example is based on a $400,000 mortgage. It compares a traditional 30 year fixed rate payment based on the above 10 year average to the minimum payment available on the Cash Flow ARM again based on the 10 year average. Assumes that the Minimum Payment increases by the maximum 7.5% per year. 30 Fixed Minimum Payment Monthly Savings Annual Savings Year 1
$2,855
$1,287
$1,586
$18,816
Savings over 3 years $52,872 I have a document detailing on how this program works. Send me an email requesting a copy I have added a website dedicated solely to the Cash Flow Arm. Here is a useful Cash Flow ARM payment calculator Read very important information about Cash Flow Arm Prepayment Penalties
Read more about Cash Flow Arm
Closing Costs In 2008, Short Sales are
where most of the bargains in real estate are. Learn more about
Short Sales I have an article "Buying your home in 2008" by email explaining negotiating strategy in today's market. As a Certified Mortgage Planning Specialist, I offer an analysis of your situation today can make suggestions on how small changes in how your consumer and mortgage debt is structured today can have a life changing effect in the years to come. Read more about this free, no obligation service. New! View my Wealthbuilder presentation and learn the safe way to manage your debt and fund your retirement.
I hope the information on this page was useful to you. Please scroll down
to view my
Mortgage Market Guide. It is a weekly publication explaining the financial markets
from a consumer's perspective that is available on this website or by
email subscription. I have nearly 8,000 subscribers today and would be happy to have you as
well. Your email address will never be used for any other purpose.
|
|
Prequalify for your
