Issue 1, 30 January 2008 

From the desk of Bernard Haasbroek

Dear CMP Subscriber

==================================

IN THIS ISSUE

==================================

1. CMP Enquiry – Success Tips.

2. CMP Forum – What Is It?

3. Unbeatable Offer – Risk Free Trading

==================================

Welcome to the first edition of the CMP Newsletter.  It looks like we are off to a great start.  Although our website, www.CurrencyMortgagePortal.com was launched back in November ’07 it has only come to life with the launch of the launch of our CMP Enquiry function earlier this month.

I am happy to report that the CMP Forum function is also now active.  This means that we can now give you a complete suite of tools to be successful with your currency mortgage adventure.  So let’s get down to business.

=================================

1. CMP Enquiry – Success Tips

=================================

I was quite amazed when I started to review the enquiries and support tickets that were received since the launch of this function nearly 3 weeks ago.  Some enquiries get picked up by our mortgage providers, within hours while other are simply over looked.  Why?

The answer is quite simple.  Those enquiries that do not meet current lending criteria will not draw any interest from our mortgage providers.  We give a very convenient summary of the current lending criteria on our Tools and Tables section of the CMP website.  Always review this first and make sure your enquiry meet minimum lending criteria.  We also update this regularly as lending criteria change and new providers come onboard, so do look back from time to time, see:

http://currencymortgageportal.com/tools-tables.html

Some key factors:

Loan To Value – make sure you are well below the maximum percentage ratio stated.  This is the number 1 criteria that our mortgage specialists are looking for and with the market as it is, those enquiries with a low loan to value ratio will be favoured above those that are pushing the limits.

Multiples Of Income – next make sure that your gross income can support the loan you are proposing.  Things work differently with currency mortgages than what you may be used to for conventional investment mortgages, also known as “Buy To Let” mortgages in the UK.  The servicing of the loan depends entirely on the earning capacity of the applicant,- not the property in question.  If you want to secure a loan for $250’000 and the Multiples Of Income factor is 2.5 then your income must exceed $100’000 per annum.

=================================

2. CMP Forum – What is it?

=================================

Many of our visitors have noticed this vital component of the Currency Mortgage Portal.  This is not your conventional “chit chat” forum.  Our CMP Forum is specifically designed to introduce property investors to experienced and credible currency traders and fund managers.  It is a vital component for anyone who is serious about currency mortgages as a means to reduce mortgage debt.

Why?

1. The entry criteria for fully managed currency mortgage products are considerably higher than the self-directed products as shown on our Tools and Tables section mentioned above.  For many property investors the thought of making your own currency switching decisions may be a daunting proposition.  Not So!, with the help of CMP Forum, where you can join a community of currency traders and fund managers, as well as fellow property investors to give guidance on mortgage switching decisions.  You may even subscribe to an advisory service where you will receive email, text/SMS notification of profitable currency switches.  All you need to do then is to phone up your lender to confirm the transaction.
2. If you are still looking for a more hands on approach but just need confirmation of your own currency switching signals then the CMP Forum will be your most valuable resource.  Simply log in, see what our professional currency trader’s sentiment is on the day and make your own conclusions.  Read currency news, views and submit your burning question.
3. The CMP Forum will prove itself valuable, even if you are opting for a fully managed currency mortgage product.  How else will you know if your fund manager is up to the task?  Compare their performance against other companies.  You may even discover that the savings from managing your own portfolio far outstrips the sometimes hefty management fees of a managed currency mortgage provider.

Whichever way you look at it, the CMP Forum is an integral part of the Currency Mortgage Portal’s suite of facilities.  For more information please see:

http://currencymortgageportal.com/find-partners.html

==================================

3. Unbeatable Offer – Risk Free Trading

==================================

Yes I had to read this twice when I first saw it.  iForex allows you to trade for real but they will cover all loses within the first two weeks while you are learning the ropes.

Remember:   In property,- Cash Is King!

Cash gives you the opportunity to grab bargain properties.  The ability to take decisive action at a moments’ notice, like refurbishing at the end of a tenancy.  The ability to weather the storms, such as rising interest rates, and to actually profit from what other see as disaster.  Liquidity is vital and there are few financial instruments more liquid than today’s currency trading systems. 

It would be wise for anyone who is interested in currency mortgages to venture into the incredibly lucrative world of currency trading.  There is so much you can do in property if you master this skill.  If not to profit directly from trading or to manage a self directed mortgage then at least you would be better informed to monitor and judge the performance of any managed service…

Currency trading is fun, easy to manage and now with iForex’s Protected Account it is totally safe as well.  It will be better if I let them explain:

"At iFOREX we understand how difficult it can be to enter a new market, particularly one as volatile as the foreign exchange. In order to ease the transition, we have developed a low-risk introductory Protected Account (PA), designed to introduce potential traders to the lucrative world of currency trading.

The Protected Account works as a funded demo account, the size of which is determined according to a trader's comfort level. Among its unique features: 

• At any point during the two-week period, a trader may control up to 100 times his initial deposit, regardless of the actual balance in the Protected Account.
•   The trader may make as many trades as desired, 24 hours a day, using any currency pair.
•   Positions are closed automatically at the end of the two-week period. If there is a positive balance, it will be transferred to the trader's regular account. If there is a negative balance, iFOREX will cover it.

We at iFOREX believe that a regular demo account, though a very useful tool, does not simulate the feeling of trading real money on the Foreign Exchange. The Protected Account acts as a bridge between a demo account and a real one, providing an authentic trading experience, with managed risk.

PA Premium Examples (All numbers are in USD):

You may pay a premium of 100 USD to 1,000 USD and trade
up to 100 times of it in open positions at any given time.
Larger premium are available on request."

Visit iForex Now

This is an offer you simply can not refuse.  So go on, get your feet wet, learn as you play.  You may even end up with a nice cash sum for your next deposit.  You can start with as little as $100, but we would recommend more since you can not loose any money.