Your Choice Mortgage-Update
Hi everyone,
I guess everyone is wore out with this financial crisis. It will get better, will just take some time. I just wanted let everyone know about a new financial product available It is Security Based Lending. This financial program allows investors to use their investments (stocks, bonds, mutual funds - any freely traded security) to obtain funds for personal or business use. Only the particluar security pledged is collataralized- not real estate or personal property.
These type of loans have low fixed interest rates of 3% to 5% with quarterly interest only payments. The terms are up to 10 years. Loans are available up to 80% of the securties' value. The minimum loan amount is $50,000. The borrower keeps all dividends and upside market appreciation of the securities. These loans are a "qualifying stock lending agreement" and therefore a non'-taxable event with respect to any gain or loss at the time of the transfer of the securities. As always, though you should consult your tax advisor.
In today's tightening credit markets Securities Based Lending offers a funding option that may be worth exploring.
This program is not state licensing specific as it is not a mortgage loan, therefore, I can assist anyone nationwide.
If you need more information or if I can be of assistance, please call me at (877) 428-4433 toll free. You can also visit my webiste at www.ycmortgage.com and click on the Security Based Lending button on the left.
Until the next update.
Sherry
Your Choice Mortgage
I guess everyone is wore out with this financial crisis. It will get better, will just take some time. I just wanted let everyone know about a new financial product available It is Security Based Lending. This financial program allows investors to use their investments (stocks, bonds, mutual funds - any freely traded security) to obtain funds for personal or business use. Only the particluar security pledged is collataralized- not real estate or personal property.
These type of loans have low fixed interest rates of 3% to 5% with quarterly interest only payments. The terms are up to 10 years. Loans are available up to 80% of the securties' value. The minimum loan amount is $50,000. The borrower keeps all dividends and upside market appreciation of the securities. These loans are a "qualifying stock lending agreement" and therefore a non'-taxable event with respect to any gain or loss at the time of the transfer of the securities. As always, though you should consult your tax advisor.
In today's tightening credit markets Securities Based Lending offers a funding option that may be worth exploring.
This program is not state licensing specific as it is not a mortgage loan, therefore, I can assist anyone nationwide.
If you need more information or if I can be of assistance, please call me at (877) 428-4433 toll free. You can also visit my webiste at www.ycmortgage.com and click on the Security Based Lending button on the left.
Until the next update.
Sherry
Your Choice Mortgage
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