BRED Mortgage – More Money in Your Pocket

The Blended Rate Equity Driver (BRED) mortgage gives home owners more options and puts more equity in their pockets. This report is an introduction to BRED.

PALM COAST, FL – October 2, 2015 – The Blended Rate Equity Driver (BRED) mortgage, a new mortgage product proposed by Director of Housing Finance and Regional Economics Ken Fears, gives home owners more options and puts more equity in their pockets. This report is an introduction to BRED.

Home buyers benefit from the ability to build equity in their home faster. Equity helps borrowers to refinance during an economic crisis, to save for a trade‐up purchase, to access a business loan, and to shape their retirements. The key is balancing equity with other home buyer priorities like affordability.

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