In This
Issue
Rate Watch!
From the
President’s Desk
Your
Monthly Mortgage Tip: Secrets Lenders don't want YOU to know!
Links
Repossessed Homes
XM Loans Repo List
Construction
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Attorneys
Halsbury Chambers
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In this month's issues, we have our quarterly review of mortgage interest rates at the local banks.This information is designed to give you the ammunition which can help you decide who gets your business, however please keep in mind that lenders are inclined to change their rates as they see fit, so the information we provide may not necessarily reflect the true interest rate at a given lender months after this newsletter is released! According to our research, the rates being offered by the various lenders are as follows;
Local Mortgage Rates
Finco |
8.75% |
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Scotia Bank |
9% |
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Bank of the Bahamas |
9% |
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First Caribbean Bank |
9.25% |
|
Fidelity Bank |
10% |
|
Commonwealth Bank |
9.25% |
|
Family Guardian Insurance |
8.5% |
|
BAF |
10% |
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For more interest rate information information,
email us at info@xmloans.com
From the President’s desk….

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ITERATION #2
We are pleased to announce that we have begun work in earnest on the second iteration of our website. For you our clients, this will mean that mortgage pre-qualifications will now be executed even faster than our current 90 second threshold!
This is an exciting time for us and we firmly believe that these changes will ensure that we delivery on our promise of optimum service to you. As we say on our website, "our goal is a never ending quest to find a better way to provide our clients with quick and easy mortgage qualifications".
Thus, we hope that XM Loans continues to meet and exceed your expectations, while remaining your mortgage broker of choice!
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Your monthly mortgage tip:
Secrets Lenders don't want YOU to know!

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Would you believe it if we told you that no money down lot loans are available in the Bahamas? Well, they are availble, but not many people are taking advantage of them. In this scenario, you would only have to be concerned about your “closing costs&rdquo alone;. The closing cost can amount to approximately five and a half percent (5.5%) of your mortgage loan amount. Take advantage of the opportunity to own land in your country, there are no excuses, get your lot now!
Don't allow 2010 to come and go without you becoming a land owner. |
To find out if you qualify for a no money down lot loan click here to submit your information and we will email you the information needed to qualify for this kind of loan.
KNOW THE FACTS – VACANT LAND OWNERSHIP JUST GOT EASIER...100% FINANCING AVAILABLE!
The material contained in
this newsletter has been prepared by XM Loans Ltd.
404 Bay Street, PO Box N-4443,
Nassau,
Bahamas
and independent feature contributors. The material provided is for
informational and educational purposes only and should not be construed as
investment, financial, real estate and/or mortgage advice. Although the
material is deemed to be accurate and reliable, there is no guarantee it is
not without errors.
As your Trusted Advisor, we always want to make sure you are clear on all
details of the home financing process. If you or someone you know are
interested in purchasing or refinancing a home, give us a call today! XM
Loans Ltd. is the copyright owner or licensee of the content and/or
information in this email, unless otherwise indicated. The Mortgage Optimizer
does not grant to the recipient or distributor a license to any content,
features or materials in this email. You may not download, or save a copy of any
of the content except as otherwise provided in our Terms and Conditions.
In the unlikely event that you no longer wish to receive these valuable
market updates, please email: newsletter@xmloans.com with
"UNSUBSCRIBE" in the subject.
If you prefer to send your removal request by mail the address is Admin,
XM Loans Ltd. P.O. Box N-4443, Nassau, Bahamas
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www.intelligentsystemsolutions.net |