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Adjustable Rate Mortgages - Rarely A Good Idea - 12/24/08 11:17 AM
We are not proponents of Adjustable Rate Mortgages for most people primarily due to three factors:1. The average person does not fully understand how their rate will be adjusted once it reaches the adjustment period. Many people do not receive good explanations or advice from the loan officer regarding the adjustment period and how the new rate will be calculated. For example, many A.R.M.s that started at 5.00% will rise to 8.00% or higher on their first adjustment. On a 30 year $200,000.00 loan amount, that is an increase of $394.00 each month, and can continue to rise unless refinanced to
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Why Does Dave Ramsey Only Endorse Churchill? - 12/24/08 11:12 AM
The reason I am writing today is to answer a question that some Dave Ramsey listeners and fans often ask. Q: "Why Does Dave Ramsey Only Endorse Churchill Mortgage?" Great Question!Dave Ramsey has exclusively endorsed Churchill Mortgage nationwide to his loyal listeners since the beginning of his radio show in 1993. He will not allow any other mortgage company to advertise on his show, because he has full trust that Churchill Mortgage will always do the right thing for the customer, and that may mean not advising you to do a mortgage at all. Dave has developed this high level of trust
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How Does My Credit Score Affect Me? - 12/19/08 02:45 PM
As you may already know by now, your credit score has a great impact on your ability to obtain credit of any kind. What you may not know is how many other businesses are starting to use credit scores in their decision-making processes. Here are some that we know about: - Employers- Insurance Companies (Home, Health, Life, Auto)- Utility Companies- Apartment Complexes ....and the list continues to grow! How Does This Affect You? Here's a sample of the cost to you if your credit score is not in the "best score" category. - $150k mortgage is $283 higher. - Car
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Why Does Dave Ramsey Only Endorse Churchill Mortgage? - 12/19/08 02:34 PM
The reason I am writing you is to answer a question that some Dave Ramsey listeners often ask. Q: "Why Does Dave Ramsey Only Endorse Churchill?" Great Question!Dave Ramsey has exclusively endorsed Churchill Mortgage nationwide to his loyal listeners since the beginning of his radio show in 1993. He will not allow any other mortgage company to advertise on his show, because he has full trust that Churchill Mortgage will always do the right thing for the customer, and that may mean not advising you to do a mortgage at all. Dave has developed this high level of trust over many
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Doug Walker
Nashville,
TN
More about me
Churchill Mortgage
Office Phone: (615) 370-8888 x 109
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