Power of the At|vantage Wealth Builder Loan
Brian and Summer knew they were luckier than most people, but it was time for them to take that next step from Homeowners to Real Estate investors. But how?
They had a home they were happy with, five healthy children, and each other. But as their kids got older (and more and more expensive), they realized that the only way they were going to accumulate wealth, secure the future for themselves, and give their children room to grow was by owning more property. Unfortunately, that kind of investment takes time. They resigned themselves to waiting years until they had saved enough money to buy a new home.
The Opportunity
The home they had bought just two years ago had appreciated by over $90,000 and Brian had a great steady income. Interest rates were still low enough to make buying right then a smart idea.
The Solution
At|vantage refinanced their current home, taking the maximum amount of cash out and refinancing them into a Wealth Builder home loan at a 2.95% interest rate. Brian and Summer were able to buy a new home with 5 bedrooms on 2 acres of land. The Wealth Builder loan with its 2.95% interest rate kept their payments low.
They rented out their old home for $1800 a month and a positive cash flow of $200.
Now Brian and Summer have even more reason to be grateful. They realized the dream of owning a newer and bigger home and investing in more real estate. And anyone with 5 kids will tell you that two houses are better than one!
Let us create a WealthBuilder Loan for you. Contact us today!
Mortgage At|vantage is a full service financing company. If you have any Wealth Building-related questions or needs, our consulting staff will be happy to help you.
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