Ep.2 Listen to the Professionals

Ed and Shane discuss how anyone can be a homeowner regardless of the myths and misinformation out there.

Thanks for listening and enjoy the show!

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For more information and to apply for free

visit https://greentreeloan.com/ or http://www.moloneymortgage.com/

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Shane Marzullo

419-861-9008

Greentree Mortgage Services

7555 Airport Hwy, Suite A * Holland, OH 43528

NMLS 275577/133641, MI FR0018548

 

Ed Moloney

Equity Resources, Inc.

774-573-0329

465 E Falmouth Hwy, Ste B * East Falmouth, MA 02536

NMLS 1579/10321 MA Mortgage Lender & MA Mortgage Broker MC1579.

NH 23282-MB-BCH. RI 20153125LL B03

DBA Equity Resources of Ohio, Inc.

Certain restrictions apply, call for details.

*Compliance*

00:04:23:23 - Conventional loan with a 20% down payment. Loan Amount $280,000 with a 7% fixed interest rate/7.060% APR for 30 years = $1,862.85 monthly payment.**

 

00:05:12:01 - Conventional loan with a 3% down payment. Loan Amount $242,500 with a 7% fixed interest rate/7.331% APR for 30 years = $1,680.05 monthly payment. ** Conventional loan with a 5% down payment. Loan Amount $237,500 with a 6.5% fixed interest rate/6.767% APR for 30 years = $1,550.64 monthly payment.**

 

00:17:12:17 - Purchase Price $1,150,000 with a $425,000 down payment. Loan Amount $725,000.Fixed APR 7.427 for 30 years = $5,007.39 monthly payment* * Refinance: Loan Amount $725,000. Fixed APR 6.564% for 30 years = $4,582.49 monthly payment**

 

00:21:02:12 - Conventional loan with a 20% down payment. Loan Amount $200,000 with a 6.875% fixed interest rate/6.958% APR for 30 years = $1,313.86 monthly payment.** *Conventional loan with an 20% down payment. Loan Amount $200,000 with a 6.875% fixed interest rate/7.081% APR for 15 years = $1,783.71 monthly payment.** 

 

**Disclaimer** 

Payment is Principal &; Interest based on a 790 credit score. Does not include amounts for taxes and home insurance premiums. The actual payment obligation will be greater. Final approval subject to credit review. This is not a commitment to lend. Loan program example is for educational, illustrative purposes only.