Our Equity Builder loan program allows the homeowner to apply a larger portion of their monthly payment towards the principal balance and less towards interest. When applying more of your monthly payment towards principal reduction, the actual loan balance decreases quicker, resulting in less interest paid over the life of the loan. This loan program is ideal for a borrower who wants to minimize the amount of interest paid on their loan while paying off their mortgage in the shortest amount of time, resulting in building equity the quickest.
Equity Builder
March 22, 2010 By
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