PRWeb ebooks - Another online visibility tool from PRWeb

Americas Watchdog Endorses Lenox Financial As A Smart MortgageAlternative

Americas Watchdog is endorsing Lenox Financial as a smart mortgage alternative. The LenoxFinancial approach is simple-they charge a slightly higher interest rate, and they pick up thethousands of dollars in allowable closing costs for doing the mortgage transaction. The groupsays,"this is a good way to finance or refinance-or purchase a home-for the average high credit-very high credit quality borrower. the Lenox Financial's way of doing a mortgage is smart-because it saves the borrower thousands of dollars-up front. It makes even more sense whenyou calculate the recapture rate-of the up front costs of doing a mortgage."For moreinformation please call Lenox Financial at 1-866-458-6075, or contact the group via its website at www.LenoxFinancial.Com

Washington, DC (Vocus)May 11, 2010 -- Americas Watchdog is saying, "if imitation is flattery-then LenoxFinancial must be doing something right when it comes to refinancing-or buying a home. They all but inventedthe paid closing cost approach & now bigger banks, or mortgage lenders are following their lead. We areendorsing Lenox Financial for their approach to financing, or refinancing a home." www.LenoxFinancial.Com/

Americas Watchdog's National Mortgage Complaint Center is one of the most quoted sources in the US onpredatory mortgage lending. The group has been quoted in the Wall Street Journal, Newsweek Magazine, GoodHousekeeping Magazine, Money Magazine, CBS Market Watch, the Los Angeles Times, and numerous othernews sources. The group is saying,"for a $200,000 mortgage at 4.75% the monthly principal & interest paymentis 1043.29-at 5.25% the monthly mortgage payment would be $1104.41. The difference $61.12 per month. On astandard mortgage it might take the average homeowner 5, to 7 years to get their money back." Americaswatchdog says, "this is why with think for many-the Lenox Financial mortgage approach makes sense, & weendorse them." For more information about Lenox Financial please call them at 866-458-6075, or contact themvia their web site at www.LenoxFinancial.Com/

Americas Watchdog is all about consumer protection, and corporate responsibility.Http://HomeownersConsumerCenter.Com

# # #

Page 2/2

If you have any questions regarding information in these press releases please contact the company listed in the press release. Our complete disclaimerappears here - PRWeb ebooks - Another online visibility tool from PRWeb

Contact InformationM Thomas MartinAmericas WatchdogHttp://HomeownersConsumerCenter.Com866-714-6466

Online Web 2.0 VersionYou can read the online version of this press release here.