For those who are committed to earning well into the 6 figures, MoneyIdeas recognizes this and rewards you for your efforts:
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$7,256 p/sale x 1 = $ 7,255 x 60% = $ 4,354 (1 loan
p/mo. = $ 4,354) |
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$7,256 p/sale x 2 = $14,512 x 65% = $ 9,433 (2 loans
p/mo.= $ 9,433) |
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$7,256 p/sale x 3 = $21,768 x 70% = $15,238 (3 loans
p/mo.= $15,238) |
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*Deduct $600.00 p/sale for processing fee
*These calculations are based on HECM loans made in the
state of California in areas with a HUD county lending
limit of $362,790 with a typical 2% loan origination fee
on HECM loans. |
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