Mortgage Company

Day 695, 09:47 • Published in USA USA • by Avalon098

I am starting a Mortgage Company with my Corporation Bayou Corp.

Please contact Bayou Corp if you are interested.

Here is how it will work.

Mortgage Company

You need a house we have the money. The way it woks is like this. First if you have no house lets start with a Q1. As of the time I wrote this the lowest Q1 house price was $188. All of our loans have a 10% interest rate and must be paid on a weekly basis. The time frame for the loan is negotiable. So let’s say you need a Q1 house and you want to make payments for four weeks. 188 + 10% interest = 206.80. Divide that up by 4 weeks and you weekly payments = $51.70

Now you own a Q1 house but your family is getting bigger and you need to upgrade to a Q2 house. A Q2 house cost right now $404. So you trade in your Q1 house 404 – current price 188 = $216. 216 + 10% interest = $237.60 divide that by four weeks and your payments are $ 59.40 (only cost you around 8 dollars more a month for the Q2)

Wow the Q3 is not big enough for you now. So we do the same as above. The Q3 house cost 646 – the 404 we give you for the Q2 house trade in and you are financing $242.00 + 10% = 266.20 divided by four weeks and you are now paying $66.55 for your brand new Q3 house.

We can work all the way up to a Q5 house but we prefer that you use a house that is one below it as a trade in. So it works like the above. That way if someone dies or does not pay we are only losing a little amount. Not that it will ever happen…. Right. All loans will require the member to sign a contract. If the person does not pay there will be first an extra payment fee. So if you pay 50 a week you will owe an extra 50 at the end of the loan plus the 50 you did not pay. If two payments are missed then the house comes back to Bayou Corp with no money returned to the buyer.