Michael Panos, CPA Mortgage Associates 10320 Little Patuxent Pky, Suite 808 Columbia, Md. 21044 C - 301-452-2333 W - 410-772-0001 Mortgage Associates has relationships with several of the best lendsers in the area. When we lock your loan, we will be looking at which of these lenders has the best rate for your loan on that day. Rates do vary between lender so by having this access, we will get you the lowest possible rate. WHAT A CPA CAN DO FOR YOU I am uniquely qualified to provide value-added service by presenting and explaining various loan programs, discussing the benefits and risks of interest only loans, discussing whether to pay Mortgage Insurance or to get a Second Loan, and to inform you of the tax benefits of home ownership. < REFINANCES - Now may be a great time to refinance those ARMS and to lower your payment. I can explain to you the criteria you should consider in deciding whether to refinance 1) How Long Do you Plan to stay in the home 2) How much is your current rate vs the refinance rate and what will the savings / months be. 3) How long will the payback period be in the savings of the new loan to cover the amount of the refinance costs if we do a 0 Point Quote. 4) How much will the savings be if we do a 0 Cost Refinance. In a 0 cost refinance, if the market rate is 5.00%, if we refinance your loan at a rate over 5.00% the lender will be able to pay all or part of your refinance costs. A rate of 5.375% may yield a lender credit of around -.75 Pts., so on a $300,000 mortgage, that would be a lender credit of over $2,200 which would cover almost all of the refinance costs of an estimated $2,400 - $2,600. Our state-of-the-art loan qualification software will decision your loan in minutes and enable me to issue strong Loan Approval Letters to accompany your contract offers that will help you get the home of your choice. Email Mike Panos