There Is No Rule Or Law
That Requires You To Pay PMI

 

Don't Be Kept In The Dark

For 10 years, 94% of eligible clients opted out of PMI and chose PowerPlus! Check your eligibility.

Select your loan officer from the list to continue:

Submit

 

 

 

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Our no-PMI lets borrowers:



Check the above items that are important to you.
Purchase Price/Value
$
Interest Rate
% (i.e. 5.00)
Down Payment/LTV
       
         
 
95% PowerPlus
Column A
95% w/PMI
Column B
Down Payment Amount
$8,750.00
$8,750.00
1st Mortgage
$140,000.00
$166,250.00
2nd Mortgage
$26,250.00
$0
Term
360 Months
360 Months
1st Mortgage Rate
4.25%
4.25%
2nd Mortgage Rate
4.25%
N/A
Annual Percentage Rate
4.32% 1st Mortgage
4.32% 2nd Mortgage
5.54%
1st Mortgage P&I
$688.72
$817.85
2nd Mortgage P&I
$129.13
$0
PMI Payment
$0
$123.30 (PMI)
Total Payment
$817.85
$941.15
Effective Rate
4.408%
5.473%
Advantages of PowerPlus
Monthly Savings
$123.30
 
Yearly Savings
$1,479.60
 
7 Year Savings
$10,357.20
 
More Buying Power
$204,011.76
 

 

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Illinois Residential Mortgage License MB.0005465
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