Is there a Home Loan similar to the one Hyundai has for their cars where when you get fired, you have a worry free option?The Worry Free Home Loan was invented and Service First Mortgage is offering it to insure that a home buyer doesn't lose his home if they lose their job.
This is a market where even disciplined and responsible home owners have the risk of Bankruptcy or foreclosure.
The loan plan can provide you the security you need when deciding to buy a house in an economy that isn't strong enough to trust. This Worry Free Loan works like an insurance policy if you were to loose your job in the first two years of ownership. If you were to lose your job, the Worry Free Loan will pay your mortgage payment, Principle AND Interest, for you. Beyond the first two years, there is a free extended plan that kicks in to support you in hardship as well.
Alrighty, what is the cost for this "so called Worry Free Loan"? Right? You were thinking that? (:
It is a program that can go side by side with your regular loan for a price ranging from $300-$600 at closing that the seller or Custom Home Builder can pay for you. Call Brad Lynch if you are interested further in this loan. !!!469-450-BRAD!!!
Money is what were talking about. Everything is critical. Planning and organizing are the best tandem to keep us on the right track.
ReplyDeleteThis makes a lot of sense. There ARE a lot of families with really good credit that are getting caught up in the increasing job loss issues that Obama metioned last night in his address, and because it is the good credit and others that are not the typical to lose jobs, this Worry Free Mortgage might be a way for American's to continue spending money in the market, which is what our ecomomy needs, and have a back up plan if their employer lets them go. It's not the "obvious" suspects anymore that are losing their jobs, it is responsible, hard working, deserving people.
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