The politicians that promised no new taxes, found a way to get into your pocketbooks. The are taxing mortgage rates through Fannie and Freddie. A tax by any other name is still a tax!
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When Congress extended the Temporary Payroll Tax Cut Continuation Act of 2011, it came at a cost. They are adding fees to Fannie Mae and Freddie Mac’s conventional loans. This means about one half of a point in more costs. That equates to about one eighth more in interest rate. Contact one of our mortgage professionals today.
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Joe Cuttone, President
American Fidelity Mortgage Services Inc
4200 Commerce Court, Suite 200, Lisle, IL 60532
Direct: (630) 681-1010 Ext. 118
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Illinois Mortgage Licensee License # MB 0000303
Indiana Department of Financial Institutions (DFI) License ID Number 11229
American Fidelity Mortgage Services, Inc. also does business
as A&M Mortgage Group, Inc. in the State of Indiana
State of Wisconsin - Department of Financial Institutions License #159BA
In the State of Illinois Mortgage Bankers are governed by:
L Department of Financial & Professional Regulation Division of Banking
122 South Michigan Ave., Suite 1900 Chicago, IL 60603
Phone: (312) 793-3000
Fax: (312) 793-7097
Web: http://www.idfpr.com/default.asp
Toll Free Consumer Hot Line: (877)-793-3470
