Welcome to Majorem Lending site

Majorem Lending - in the service of Holy Gardeners

Majorem Lending has been established to serve the financial needs of Holy Gardeners - those who bought lots from the Holy Gardens group. Holy Gardeners can avail loans up to 50% of the market value (not of the purchase price) of the lots purchased. Effectively, from a cash flow and ROI point of view, the Holy Gardens buyer pay only 50% of the purchase price of the plot.

The 18% per annum lending rate is legal rate and one of the lowest (vs. 3% per month. Credit card advance is 5% per month and 4% penalty)

During the promo period on Valentine's week, the interest rate has been lowered to only 14%

Majorem Lending

HOLY GARDENS GROUP LINKS

LINKS TO OTHER HOLY GARDENS WEB SITES

HOLY GARDENS GROUP

This is the main site containing all the information on Holy Gardens Memorialgroup and latest post on developments at each of the park belonging to the group.

HOLY GARDENS GRIEFSHARE

This site is dedicated to the publication of free obituaries of Holy Gardens Memorial customer. The death notices/obituaries are free.

HOLY GARDENS MEMORIAL PARK TRIBUTES ARCHIVE

This is an archive of videos from You Tube and Daily Motion which are tributes to the loved ones of Holy Gardens customers.

FREE ONLINE OBITUARIES FOR FRIENDS

This is a free online site for obituraries/death notices for friends of Holy Gardeners. This is offered free for non customers of Holy Gardens at its service area.

HOLY GARDENS BIRTHDAYS AND ANNIVERSARIES

This site is for posting of birthdays and death anniversaries of our loved ones at all Holy Gardens Memorial sites. These events are simultaneously remembered at the sites. Our loved ones are remembered and memoriaized always.

CHEAPCURES

This is a site for wellness, health and long life, our goal for our customers and friends.

MAJOREM LENDING

This is a site of a lending investor that lends up to 50% of the market value of Holy Gardens Memorial plots. It supports the borrowing and financial needs of Holy Gardens customers.

Links to Business and Management Ideas

MANAGEMENT, LEADERSHIP, ENTREPRENEURSHIP

BUSINESS MANAGEMENT DAILY

This is a compilation of management ideas and tips for daily operation. You can get almost anything here.

HARVARD BUSINESS REVIEW BLOGS

The latest business ideas and management knowhow from the grandest of all business school - Harvard.

SMARTBRIEF

A bookmark, a compilation of links to latest articles on leadership, management, and business

ENTREPRENEUR

A site for easy understanding of start up and entrepreneurship ideas.

SELFDEV

A collection of posts on personal mastery, self development and leadership

BUSINESS FROM COUNSELLING TEAM

A collection of quotes and lodestones on management thoughts and ideas.

Thursday, June 13, 2013

Free Money Finance - Mortgage Payment Options

Free Money Finance

Help a Reader: Mortgage Payment Options

Posted: 13 May 2013 05:18 AM PDT

Here's an email I recently received from a reader:

My wife and I are buying our first home and our mortgage payment is going to end up being right around $850 a month give or take a few dollars. This is under our budget of $1000 per month that we were are willing to spend. We will only be putting 10% down so we will have some mortgage insurance as a part of that payment. We currently have no debt other debt outside our monthly credit card balance that we pay off in full every month. My question is this:

Would you recommend that...
    we pay our full budgeted amount of $1000 per month towards our mortgage?
OR
    we make the minimum payment of $850 and then invest the $150 we have left over in a mutual fund?
OR
    is there another option out there besides either of these two I should be considering?
It may also be helpful to know that my brother just started with Edward Jones so any investment I make through him into a mutual fund I do not have to pay the sales charge that is normally 5.75%.

What's your advice for him?