In the last ten years, more and more homeowners have used their home equity as a financial
resource. From 1990 to 1997, home value in the Midwest has increased by and average of
five percent per year.* This combined with unusually low interest rates has
encouraged many to refinance their homes. By refinancing these homeowners have
Lowered their interest rate
Started their own business
Lowered their monthly payments
Refinanced high interest debt
Financed automobiles
Financed college tuition
Resolved bankruptcy financing
Purchased investment properties
and addressed numerous other important financial matters. Additionally, many have
enjoyed tax deductions on interest from home equity credit. There are fewer limitations to
refinancing than ever before. People in the most difficult of financial situations have
been suprised to find many loan programs tailored for needs like theirs. One shouldn't be
discouraged if they feel their credit or financial history has been less than perfect.
Small flexible mortgage brokerage firms have provided a great service to these needs.
Financing a house or refinancing a mortgage are usually amongst the biggest financial
decisions an individual makes during his or her lifetime. Money Matrix Inc.
encourages individuals to talk directly with loans officers and participate in
a formal application process. We look forward to working with you
*Please consult your tax advisor regard the specific amount of your tax
deductible
interest---
The Money Matrix Mortgage Center