Why Should You Choose 1st Empire Elite Financial
If you are like most people, you’ll be paying down your mortgage for a pretty long time. Even small differences in your interest rate can make a big difference in your payment. That’s why we guarantees that we’ll beat any competitor’s locked loan rate or we’ll pay you $500 in cash. Go ahead, shop around and then see all that money we can save you. You’ll be thanking us for 30 years.
Contact 1st Empire Elite Financial today to discuss your mortgage loan options and find out which loan program will best suit your needs.
It’s A Process, But We Made It Easy
1st Empire Elite Financial was born out of the need for a simplified mortgage loan process. Loan officers, uncomfortable office chairs, and hours spent talking about the humdrum don’t have to make up your loan experience. With 1st Empire Elite Financial you get an amazing rate, simplicity and friendly support. It’s so much better than before.
No matter how you slice it, <strong>the purchase or refinancing of a home is a big deal.</strong> The truth is that not all Mortgage Loan Advisors (and the lenders they represent) are the same. Just like in every industry, there are those that really care about the people they are working for as I do; and then there are those to avoid because you are just a number.
If you are buying or refinancing a home, you want to have a Mortgage Loan Advisor that will take the time to listen and answer your questions. You need someone you can trust to provide you with clearly defined options and help you make a loan decision that is right for you. You deserve someone that will guide you through the entire process and be there for you before, during, and after your loan.
If you are selling your home to someone that needs financing, you want your buyer to have a Mortgage Loan Advisor that keeps you informed every step of the way. You want to be confident that your buyer has the ability get financing and that their loan will close on time.
If you are a real estate agent, a builder, a title agent, or one of the many other professionals involved in the sale of a home, you only want to work with a Mortgage Loan Advisor that has your clients’ best interest every step of the way. When the buyer’s Mortgage Loan Advisor maintains constant communication with all parties involved, follows through every time, and always closes the loan on‐time, everyone wins.
Calculator InformationThe Equipment Finance Calculator calculates the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term and interest rate. The Product selected determines the default interest rate for personal loan product. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on an additional input from the customer. This is if repayments are increased by the entered amount of extra contribution per repayment period. This feature is only enabled for the products that support an extra repayment. The calculations are done at the repayment frequency entered, in respect of the original loan parameters entered, namely amount, annual interest rate and term in years.
Length of MonthAll months are assumed to be of equal length. In reality, many loans accrue on a daily basis leading to a varying number of days interest dependent on the number of days in the particular month.
Number of Weeks or Fortnights in a YearOne year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.
Rounding of Amount of Each RepaymentIn practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts. Note that the final repayment after the increase in repayment amount.
Rounding of Time SavedThe time saved is presented as a number of years and months, fortnights or weeks, based on the repayment frequency selected. It assumes the potential partial last repayment when calculating the savings.
Amount of Interest SavedThis amount can only be approximated from the amount of time saved and based on the original loan details.
Calculator DisclaimerThe results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change.
Feel free to use our Finance Calculator
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The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by My Finance. It does not take into account your personal or financial circumstances.
A Simplified Three-Step Process
Points. Fees. Rates. Mortgage loans have a lot of moving parts. It can be intimidating to try to tackle it all. That’s why we’ve automated the process. Not only is it simplified, but we can save you lots of money compared to the other guys.