MaiCaFunding.com
Title
Maica Funding Corp - Your mortgage and refinance specialist
Description
Excerpted from the website description:
- Davidson Gabriel your mortgage and refinance specialist in Nanuet, NY. We handle your mortgage loan needs, customers can apply on-line and use our mortgage calculators. Work with mortgage professionals to get the best home loan. Apply directly online from our mortgage company website The Pick-A-Pay Loan allows you to select one of 4 payments. Take the payment you want and cut it in half. This is the amount that will automatically be paid every other Monday from your checking account. World is the only bank that applies your bi-weekly payment immediately, so that your principal is paid down faster than with a monthly payment. By paying the minimum payment, your mortgage is paid off in 24 to 26 years, saving you thousands in interest. Your payment is always fixed for 12 months, then the most it can go up is 7.5% and then it is fixed for the next 12 months. This chart shows the highest possible payments for 10 years. The cash flow is the amount of money saved by having a World loan versus a fixed rate loan. If you select a payment higher than the minimum, you have the flexibility in later years to drop down to a lower payment option, if you need to. There is no floor to how much your payment can drop in a given year. You will receive a monthly statement from World with a coupon that allows you to make additional payments towards principal.
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