CONSUMER INFORMATION DIVISION (800) 562-6254
Second Request
COUNTY: Saint Joseph
RESPONSE REQUESTED BY: July 24, 2005
Joe Smith
123 Main Street
Anywhere, USA 00000
Dear Joe Smith,
Your current home equity line of credit or second mortgage of $40,000 on your property located at 123 Main Street may be at risk of prime rate increases that could be devastating to your bottom line.
Our Consumer Information Division is in the process of providing pre-selected homeowners in Saint Joseph County the opportunity to participate in a new program that will pay off your current second mortgage and any revolving debt, leaving you with a new low monthly payment, a fixed rate for good and a payment that will never go up.
Example: with a second mortgage of $40,000 and revolving debt of $30,000 combined into one new loan of $70,000, you could have one new low fixed payment of $552.
Because of your good credit history, you have been pre-selected for a fixed rate as low as 6.25% - with a current APR of only 6.873%. Call now as rates change every day.
The current national prime rate is now at 6.00% and rising. There were five rate increases in 2004 and three in 2005, and that’s just the start.
All it takes is a simple 10-minute phone call to protect yourself from future increases. And, as always, there is no cost obligation to find out what we can do for you.
Please refer to your Personal Offer Code when calling: 00 0000 0000
(800) 562-6254
Monday – Friday 8 AM – 10 PM and Saturday 9 AM – 5 PM
Consumer Information Division, Millennia Mortgage Corporation
P.S. Our records indicate that you have not responded to previous attempts to contact you. Please respond no later than July 24, 2005.
You may also respond online via our secure web site:
Rates effective June 24, 2005. Subject to borrower and property qualifications. Above rates based on 15 year term, 80% loan to value. Home value determined by licensed appraiser. Rates and terms are subject to change without notice. Information contained in your consumer credit report was used by us in conjunction with this offer of credit. You received this offer because you satisfied the criteria for creditworthiness. You may no longer qualify, if after you respond to this offer, we determine from your application, credit report and other information, that you do not meet or are unable to determine that you meet our predetermined creditworthiness criteria. This includes verifying income, employment and other information provided in your application and that you have a home with sufficient equity to quality. You have the right to prohibit information contained in your credit report from being used in connection with any credit transaction that is not initiated by you. You may exercise this right by contacting the credit reporting agencies notification systems at: Equifax Options P.O. Box 740123 Atlanta, GA 30374; Trans Union LLC’s Name Removal Option P.O. Box 97328 Jackson, MS 39288-7328 (888) 567-8688; Experian P.O. Box 919, Allen, TX 75013-0949 (888) 567-8688. Millennia Mortgage Corporation 29,346