Follow Us:    
More and more traditional industries began to design as a means of rolex replica uk competitive differentiation, early to design for the survival of the industry has long been the technology pushed the pinnacle. Expression in the watches and apparel industry, the works of designers miaobishenghua become something more than a commercial utility functions of rolex replica art, and some have even been given the unique meaning, become a symbol of a way of life, a kind of aesthetic conception. In this issue we introduce several watches and clothing, all design works have great originality. Whether it is graceful, delicate, or rough, tough, they are in the name of art carrying the unique taste of this era. Life is like a race in front of time. The referee ruthlessly wiped out a lot of omega uk the creation of the world, leaving only a small part of the fine selection. In the bearing time of the watch industry, the selection of the requirements are more demanding. These are the Ambilight timer, and time in the same orbit of art treasures.
Skip Navigation Links
Home
 | 
FAQs
 | 
Partners
 | 
Demo
 | 
Investor Relations
Home
HarmonyLoan Demo Contact Us Education
Mortgage finance can be complicated.
You've got questions.
We've got answers.







If you have a question that you don’t see here,
please contact us at dougdanko@mortgageharmony.com.
What is a HarmonyLoan™?

What mortgage products are available under the HarmonyLoan™?

Why take a HarmonyLoan™?

How does the HarmonyLoan™ work?

What does the Homebuyer/Borrower get when they "click" the reset button?

Why would I click the button at a higher interest rate on the ARM?

Do I need to qualify when I go through the HarmonyLoan™ again?

Are there truly NO closing costs when I "click" the button? Will my loan term start over again?

If rates go down further, can I go through the HarmonyLoan™ again?

What is a HarmonyLoan™?

The HarmonyLoan™ is a consumer friendly mortgage product that gives greater economic security by providing member-initiated interest rate changes at the "click" of a button. In other words, when interest rate fall, you simply "click" a button to lower your rate without going through a painful, costly refinance.

What mortgage products are available under the HarmonyLoan™?

Conforming and Jumbo 30 year fixed, 15 year fixed, 5/1, 7/1, and 10/1 ARMS.

Why take a HarmonyLoan™?

The HarmonyLoan™ program allows you to lower your interest rate with No Points! No Closing Costs!! No Kidding!!! Rather than go through a painful costly refinance where lenders charge you points and closing costs that can add thousands of dollars to your loan, we offer you the ability to simply "click" a button to lower your monthly payment with no points and no closing costs when interest rates fall.

How does the HarmonyLoan™ work?

Borrowers manage their own modification through our state-of-the-art web technology.

  • A simple "click" will lock in new terms (rate & fixed period);
  • Must wait 6 months after closing before the first opportunity to "click" (modify);
  • After first 6 months can only "click" every 120 days; and
  • Loan must be current with NO late payments in past 12 months.

What does the Homebuyer/Borrower get when they "click" the reset button?

  • For the 5/1, 7/1, and 10/1 ARM the Homebuyer/Borrower receives a new fixed rate portion of their ARM with a new interest rate (possibly lower, but could stay the same or be higher, depending on market conditions) For example, if you have a 7/1 ARM and after 3 years you "click", you receive a new rate fixed for another 7 years.
  • For the 30 year and 15 year fixed the interest rate upon each "click" can only go down and never back up.

Why would I click the button at a higher interest rate on the ARM?

  • If you have an ARM and you are nearing the end of the fixed rate portion, for example you are in your 4th year of a 5/1 ARM, you may want to "click" the button at a higher rate to lock in another five year fixed rate. Remember, if rates fall during the new 5 year fixed rate you can always "click" the button again and lower your rate.
  • If you "click" the button on the 7/1 you get a new fixed rate for seven years. If you "click" the button on the 10/1 you get a new fixed rate for ten years.

Do I need to qualify when I go through the HarmonyLoan™ again?

No! There is no new appraisal, no underwriting, no credit check, and no hassles!!

Are there truly NO closing costs when I "click" the button?

Yes! Closing costs are normally associated with a refinance. Closing costs on a typical refinance can range from $2000-$10,000 and more. We call that the OLD Way.
Welcome to the NEW Way: The HarmonyLoan™! When you "click" the button to reset your rate there are NO closing costs added back to your loan.

Will my loan term start over again?

No. When you lower your interest rate under the HarmonyLoan™ your remaining term stays the same. For example, if you "click" the button after 12 mortgage payments on a thirty year amortized HarmonyLoan™, you will still only have 29 years left on your mortgage.

If rates go down further, can I go through the HarmonyLoan™ again?

YES! That is one of the greatest advantages of the HarmonyLoan™. You can go through the HarmonyLoan™ as many times as you want provided you meet the conditions in the HarmonyLoan™ parameters.

Follow Us:    
Copyright © 2018 Mortgage Harmony Corp. All rights reserved.