Innovative Mortgage suggestions

All Fund Mortgage
Licensed Mortgage broker & Lender
Nirmalya Modak
Marketing Director
Consultant - Loan & Finance
Branch/Processing Centre - 4214
3940 Freedom Circle, Suite 106
Santa Clara, CA 95054-1204, USA
nmodak@allfundmortgage.com
www.nmodak.allfundmortgage.com
408.200.7487(W)
408.829.0041(C)
408.270.0676(Voicemail)
408.521.9199(fax)

Instead of keeping excess equity in your home, you can put it to use.
Ensure that you maintain only 20% of the home's current value you own. have the rest of 80% through lenders. Don't pay a dime towards your principle part of the loan. Pay only the interest - it makes sense from tax incentive perspective as well.
Pull out the equity and invest in income real estate properties. The net equity you would have in 2 years is more than if you kept your equity in your home.

$434,000 5/1 arm - interest only - monthly payment of $1898/- (Cost of mortgage purchase - $2422/-)
$534,000 1year lockin - arm after 1 year - interest only - $1717/- monthly