Turning Mortgage Debt
Into An "Asset"

Tools & Tables

Below are a number of tables and indicators, giving you relevant currency mortgage information. Though the information is updated regularly, it may be provided from third parties and products change constantly so we can not guarantee the accuracy or currency of the information. Please read the description of each table carefully.

Last Updated: 20 September 2008

Currency Mortgage Product Table

Currency Mortgage Product availability and their minimum entry criteria will change from time to time. Many factors influence this, including world economic climate, lender’s debtor’s book and promotional offers. In addition, the table below gives only a general indication of the criteria for the main mortgage products. The criteria quoted below are by no means definitive and should only be used as a guide for your mortgage enquiry submission.

Note: Criteria in brackets are only possible under certain circumstances, normally when mortgagor can provide additional collateral/ forms of security or with larger portfolio sizes. Figures quoted may be substituted for an equivalent amount in a different currency and is not necessarily an indication of the denomination for the loan product.

	Single	Multi	Multi	Simulated
	Self- Directed	Self-Directed	Managed	Managed
Min Loan Size	£80'000	£80'000	£500'000	Any
Loan To Value	75% (100%)	70% (100%)	60% (80%)
Multiples of Income	4.5x (7x)	4.5x (7x)	2.5x (4x)
Currencies	10 Major	10 Major	6 Major	6 Major
Property Locations	See Locations	See Locations	UK Only	Any
Max. Term/ Age	30yr/ 70 Max Age	30yr/ 70 Max Age	30yr/ 70 Max Age	1 Year
Requirements
	No Commercial	No Commercial	Rent Cover	Min. Deposit
	No PPR		140% (125%)	£50,000
	JPY Req. Earning			15x-20x Leverage
Options
Interest Only	LTV -5%	LTV -5%	Yes
Advanced Credit Line	4 Months	4 Months	6 Months
Early Repayment	No Penalty	No Penalty	Implied	Current Lender
Costs
Arrangement Fee	1% (1.5%)	1% (1.5%)	1% (1.5%)	None
Valuation	Standard	Standard	Standard	N/A
Legal	Standard	Standard	Standard	N/A
Insurance	Property + Life	Property + Life	Property + Life	N/A
Management Fees	N/A	N/A	1% of Funds	2% of Funds
Performance Fee	N/A	N/A	20% of Profits	30% (20%) Profit
Interest Rate (Base+)	1% - 2%	1% - 2%	1% - 2%	N/A
Repayment	Quarterly Arrears	Quarterly Arrears	Integrated	Integrated
Risk	High	Medium	Low	Low

Launch:

Currency Trading Providers

Conventional Forex Trading can be seen as an alternative to the Simulated Currency Mortgage Products. The entry criteria are considerably lower and are available to virtually anyone, anywhere in the world. These Forex Trading Accounts have no bearing on actual mortgage debt so you will need to manually manage withdrawals to make any mortgage payments. It should however only be seen as an introduction to the world of currency markets and can be used to reduce mortgage debt so that you may qualify for the conventional Currency Mortgage Products.

	Self- Directed	Managed
Minimum Deposit	10 USD	1000 USD
Leverage	50x (400x)	5x (30x)
Min. Term		1 Year
Currencies	All Available	10 Major
Drawdown	Instruction	Instruction
Support	24hr Phone	Business Hours
	Live Online	Email
	Training Available
Fees	Spread (Buy/ Sell)	2% Management
	Other May Apply	20% (30%) Profits
Risk	High	Medium

Make sure you visit our section called Discover Forex, for an easy introduction to Foreign Currency Trading. It is not as difficult as you may think and may easily become a second form of income.

World Interest Rates

The table below rank the base interest rate in the major world currencies ranked from lowest to most expensive. It also shows the most recent changes and the scheduled date for the next review of the respective controlling bank.

Central Bank	Currency	Rate	Change	Next Review	Last Change
Bank of Japan	JPY	0.50%	U		21-Feb-07
Federal Reserve	USD	2.00%	U	29-Oct-08	30-Apr-08
Swiss National Bank	CHF	2.75%	U	11-Dec-08	13-Sep-07
Bank of Canada	CAD	3.00%	U	21-Oct-08	30-Apr-08
Hong Kong SAR	HKD	3.50%	U		2-May-08
European Central Bank	EUR	4.25%	U	2-Oct-08	3-Jul-08
Bank of England	GBP	5.00%	U	9-Oct-08	10-Apr-08
RB of Australia	AUD	7.00%	-0.25%	7-Oct-08	2-Sep-08
RB of New Zealand	NZD	7.50%	-0.50%		10-Sep-08
South African RB	ZAR	12.00%	U		13-Jun-08

Currency Cross Table

This Cross Table shows current exchange rates for the major currencies.

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