Released on = May 9, 2007, 5:49 am

Press Release Author = Camelot Marketing

Industry = Financial

Press Release Summary = Flexible California refinance program allows debt
consolidation, cash out, lower interest rate or interest only payments to lower
monthly mortgage payment.

Press Release Body = Would you have a better cash flow if you consolidated all of
your credit card debt, had a lower monthly mortgage payment, and got some cash out
of your home? If are like most home owners the answer is \"yes.\" Any one or all three
situations can be accommodated with a refinance using a Pay Option ARM home mortgage
loan and offer you the lowest payment available.

This program gives you the freedom to choose what your house payment will be every
month. That\'s right, every month! Unlike a traditional loan, you pick from four
selections monthly, even an interest only payment is available.

Now with a Pay Option ARM home mortgage loans you have reduced your monthly house
payments and extinguished your credit card debt. It you take the money that would
normally have gone to Visa, MasterCard etc and apply it to your mortgage to shorten
the term and thereby save thousands in interest. This, obviously, has a long term
financial gain for you.

To reduce the house payment just pick which month you require a little extra
financial freedom. For example, would a couple of days away from the bustling crowd
work wonders for you? If only you had the money to go, you say. Simple, that month
pick the interest only option for the spending money.

As the choice is yours every month of how much payment you make, Pay Option ARM home
mortgage loans are the ideal solution for any that might be temporarily unemployed.
It is also suitable for those that have vacillating income like that of commission
sales personnel or owner of a small enterprise.

Refinancing to pull cash out is another benefit of a Pay Option ARM home mortgage
loan. Use the cash in manner you like such as down payment on additional real estate
for rental purposes, home repairs, or maybe start a business enterprise. If you are
searching for another home or are a first time home buyer you will probably want to
keep the house payments as low as you can. In which case a Pay Option ARM home
mortgage loan is the answer to the problem.

There are four payment alternatives monthly with a Pay Option ARM home mortgage loan
program: (a) Fifteen year payment- Your mortgage is paid off in 15 years and home
equity developed faster, and saves thousand of dollars in interest; (b) Thirty year
payment- Payments made so that mortgage term is the traditional 30 years; (c)
Interest only option- For extra cash flow you pay only the interest of your home
loan installment; (d) One per cent minimum payment-With this option you pay at a 1
per cent rate of interest for largest savings.

Your will not find a better program that gives you the same payment freedom that a
Pay Option offers for refinancing, pulling cash out, or debt consolidation. The
program also has built in assurances against concerns that are related to an
adjustable rate mortgage, such as your payment cannot increase more than seven and a
half per cent over the preceding year for the first five years. You also have the
option to get a fixed rate mortgage after the first three years. These assets are
assuring for your refinancing situation.

If you want to lower your monthly payment, consolidate your credit card debt, or get
cash out call toll free today for more information 1-866-398-4664 or complete the
contact form. An experienced mortgage professional will provide a FREE no-obligation
explanation of a how a Pay Option ARM home mortgage loan will work for you. Or
please go to http://www.goldmedalmortgage5.com



Web Site = http://www.goldmedalmortgage5.com

Contact Details = 866-398-4664
http://www.goldmedalmortgage5.com