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Americas Watchdog Endorses Lenox Financial As A Smart Mortgage
Alternative
Americas Watchaog is enaorsing Lenox Financial as a smart mortgage alternative. The Lenox
Financial approach is simple-thev charge a slightlv higher interest rate. ana thev pick up the
thousanas of aollars in allowable closing costs for aoing the mortgage transaction. The group
savs."this is a gooa wav to finance or refinance-or purchase a home-for the average high creait-
verv high creait qualitv borrower. the Lenox Financial´s wav of aoing a mortgage is smart-
because it saves the borrower thousanas of aollars-up front. It makes even more sense when
vou calculate the recapture rate-of the up front costs of aoing a mortgage."For more
information please call Lenox Financial at 1-866-458-6075. or contact the group via its web
site at www.LenoxFinancial.Com
Washington, DC (Vocus) May 11, 2010 -- Americas Watchdog is saying, "iI imitation is Ilattery-then Lenox
Financial must be doing something right when it comes to reIinancing-or buying a home. They all but invented
the paid closing cost approach & now bigger banks, or mortgage lenders are Iollowing their lead. We are
endorsing Lenox Financial Ior their approach to Iinancing, or reIinancing a home." www.LenoxFinancial.Com/
Americas Watchdog's National Mortgage Complaint Center is one oI the most quoted sources in the US on
predatory mortgage lending. The group has been quoted in the Wall Street Journal, Newsweek Magazine, Good
Housekeeping Magazine, Money Magazine, CBS Market Watch, the Los Angeles Times, and numerous other
news sources. The group is saying,"Ior a $200,000 mortgage at 4.75° the monthly principal & interest payment
is 1043.29-at 5.25° the monthly mortgage payment would be $1104.41. The diIIerence $61.12 per month. On a
standard mortgage it might take the average homeowner 5, to 7 years to get their money back." Americas
watchdog says, "this is why with think Ior many-the Lenox Financial mortgage approach makes sense, & we
endorse them." For more inIormation about Lenox Financial please call them at 866-458-6075, or contact them
via their web site at www.LenoxFinancial.Com/
Americas Watchdog is all about consumer protection, and corporate responsibility.
Http://HomeownersConsumerCenter.Com
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Contact Information
M Thomas Martin
Americas Watchdog
Http://HomeownersConsumerCenter.Com
866-714-6466
Online Web 2.0 Version
Youcan read the online version oI this press release here.