You’re Invited To:
ion t a r b le e C ll a F ’s h Shilo
real estate » mortgage
Hosted by Shiloh Baptist Church, Shiloh Baptist Preschool & Shiloh Charter School 905 West Terrace Drive, Plant City, FL 33563
(813) 754-7445
Trunk or Treat jousting
snow cones
popcorn
lots of games
cotton candy
Wed. October 26 6:00pm - 8:00pm
exotic creatures prizes & giveaways
fun
s
me u t s o c
hotdogs
l giant slide rock wal & moonwalks live band candy filled Trunks Please make plans to join us for FUN, FOOD, GAMES & MORE! All games & fun are
FREE
Concession items will be 50¢ Hot dogs, french fries & drinks will cost $1 each. *For more information see the event calendar
Isn’t it beautiful? Let’s keep it that way!
54
october 2011 focusplantcity.com
no equity? you can no Problem! refinance!!! D submitted by: naTe Davis
id you know that if you have a Freddie Mac/Fannie Mae loan you can refinance with NO equity?
These loans account for a majority of the loans in the nation, so there is a high probability you have one and may be eligible. The HARP program makes it all possible. The loans are available for a rate and term refinance (you cannot pull cash out) and can borrow up to 125% of today’s market value of your home. If you currently do not have mortgage insurance, then mortgage insurance is not added to your payment. Rates for these products are currently in the 4+ % range. Closing costs are also rolled into the loan amount, so
there are no out of pocket expenses other than the cost of the appraisal. If you have recently been turned down for a refinance due to lack of equity, be sure to get a second opinion, since many banks and lenders do not offer this program that is out there and available to you. Other programs which also offer 0 equity or even negative equity refinances are FHA and VA loans as well. In short, in today’s low rate market it is a great idea to consult with a mortgage professional to determine if you can take advantage of these historically low rates and either save money monthly or pay your mortgage off sooner than you originally expected.