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Securing your assets sooner
The Problem
- Year of commitment to house mortgage
- Little or no extra money to spend
- Reduced lifestyle
Solution
Reduce your HOME MORTGAGE and other debts as quickly as your financial situation will allow.
What we will do for you
- Discuss what you want to achieve for financial security
- Assess your individual situation
- Prepare a personalized plan for you
- Provide future projections
- Assist with implementations
- Review your progress and provide support to ensure your success
The Concept
Current Approach
Income => Living expenses & Mortgage repayments => Savings
Proposed Approach
Income => Loan Account => Living Expenses
Benefits From Proposed Approach
- Refinance with flexible mortgage facilities
- Pay interest on daily balances only
- Direct salary/wages and spare cash off the outstanding balance
- Established credit facility
Benefits from using our plan
- Early mortgage repayment
- Consolidation of existing debts
- Flexibility and control
- Asset building
Benefits of Line of Credit Facility
- Interest Only
- Access to funds
- No early repayment penalty
- Borrow for any purpose
- No new loan costs
- Transferable
- Lifetime facility
- Debt consolidation
How Line of Credit will work
- Your have three one account
- Linked to this account you will have a credit card and cheque book facility
- Bill paying by credit card will delay drawing back on the Line of Credit, thus reducing monthly interest due
- Cheque book and credit card allow cash access when required
If you would like more information and allow BAM to come to your business or home and
conduct a personalized Mortgage Reduction Program for you, please
contact BAM now.
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