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The smart choice loan is offered at an
introductory rate of 1.00% and gives you control of your finances by
making 5 monthly payment options available each month:
q
The minimum amount due (deferred interest may
accrue and is added to the
loan balance)
q Interest only payments
q A 30-year payment plan
q A 15-year payment plan
q Minimum payment plus any
amount you choose to go toward
principal.
The advantages of the program include the fact that no
other loan product available on the market today provides this
much control, choice, and flexibility. Your home is your largest
asset, and it’s a smart source of low-interest cash. With the
SMART CHOICE LOAN, you can lower your monthly payments to
increase cash flow and use the funds for any of your other
financial priorities. Anyone can benefit from the SMART
CHOICE LOAN from the small business owner to the
sophisticated borrower.
The payment stability and benefits of your SMART CHOICE LOAN
will pleasantly surprise you. It is tied to stable indexes, such
as the C.O.D.I. or Certificate of Deposit Index, so that
you will experience less rate fluctuation than some other
indexes in the marketplace. This means when rates drop, there is
no limit to how low payments can go, and you can benefit
automatically from lower rates without having to incur
refinancing costs. Equally on the flip side you can always
confidently rely on your payment increasing no more than 7.5%
per year if you are budgeting for the future.
This SMART CHOICE LOAN will give you
many options so that you can save your hard earned cash when you
need it most.
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