Fullerton, CA (PRWEB) June 15, 2005
Gavin Fenske, President of Great Financial Mortgage (GFM), today announced that his firm has been selected to offer .99% mortgage loans to the public. Chosen for their exceptional reputation and impeccable transactional record, GFM is the only authorized Mortgage Company in southern California to give this jaw dropping, below one percent, interest rate. ÂWhat makes this so exciting is nobody thought interest rates could go any lower and now to be in the position to help homeowners reduce their payments even more, is just fantastic,Â said Fenske. Moreover this new loan gives a consumer the power to choose how and when to make a payment.
Life is not always predictable, especially when it comes to monthly finances. The beauty of this Stress-Free Mortgage is that it provides you with four different payment options each and every month. ItÂs time to let your mortgage work for you and not be boxed into one payment. HereÂs how it works, take a $450,000 loan amount with a start rate of .99%. The first year monthly payment would be $1,445.00. The second year the minimum monthly payment goes to $1,553.00, third year $1,670.00, fourth year $1,795.00, and the fifth year $1,930.00. In addition to these set minimum monthly payments, you will also have three other options: Interest Only, 30-year amortization, and 15-year amortization. Choosing the Stress-Free payment plan will increase your cash flow during months where financial concerns arise and choosing the 30-year amortized payment will allow you to be more aggressive with your mortgage when financial concerns ease. If you are looking to refinance or purchase a home in the coming months, then you have to take a look at this program. It doesnÂt work for everyone but with a start rate below 1.0%, your only mistake would be not to call.
For more information contact Great Financial Mortgage at (866) 553-1113 or log onto http://www.greatfinancialmortgage.com.
About Great Financial Mortgage:
Great Financial Mortgage is based in Fullerton, California. A top originator of mortgage loans, Great Financial Mortgage offers a wide range of home lending services to homeowners and prospective buyers throughout the state of California via person-to-person attention and its website, http://www.greatfinancialmortgage.com. This coupled with their unique ability to keep ahead of the fast-moving real estate marketplace enables Great Financial Mortgage to exceed client expectations by making their dream a quick realty.
PRIME L.A. Public Relations
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