ca
will
Short-Term Health Plan
f you've r c ntly 10 t your JO
rare tartin a n on where you
'are not yet covered y in uranc ,a
hon-t rm health plan may e the
thing for you.
Short-t rm health plans typically
cover medical co 15 for Ion as
ix month, and may be 40 to 0
percent ch aper than tandard plans.
One reason for this i that you're not
o
y
BY CHARLES GIVENS
Here' a good way to get what you
, nt from your
Get to know a loan offi r at your
n nd find out h' or h r floor
limit.
You will have an easier time at 'a
newer, smaller bank or at a small
neighborhood branch of a larger :ok.
But wherever you do your nking,
t to know the loan offacer and make
you.
Casey Communications anagem
Inc., a pu Ie ref counser ng rm
has named Edd Snyder as vice
president. Snyd' r' s re ponsibll ies
nclude servi 9 as a coo or 0 Casey
clients while developing and
11'YW'I,'''''''''Ot'Wlng plbI C re' programs
or several accounts. B ore j 'ng
Casey. Srryderwas manage CH�'
pub! IOnS in 0 ro A
gradua e of Wes ern ' 'gan
Unive . ,Srryder a member of he
Pub!'c R ions Soc of Amenca, a
Board D'r ors
BlJSI�ESS
Comp r
r
cashing chec at the drive-in
window, do your bu in in tbe ok
lobby. Say hello to everyone so they
get to to you.
Barr 'ng � nd rejection
seem to go band in 00. When
getlin a loan or a mortgage, expect to
be turned down every now and tben.
Even bOlT rs with good credit
sometimes get turned down.
I 60r -.,.,_ .......
ying' new
NI"�em�t�N_�._ hl��
day. Thirty days later I
ut dve ly
tin .
II 0/ tIw ly
IYtuli�tIl,J '_0 I"..." "Yo", P"IOItM
r of TM B.I' 0/ YCHlr
Nabby Vono created Xtra Foods supermarket . years ago out of an abandoned Kroger buDding, 8 time
when Kroger was enforcing a policy to leave Detroit. He credits good customer, supplier, and employee
relationships as the success to his business. After graduating from high school, Vono knew that he
wantedtobe . own boss because, II' enablesyoutom eyourowndeci promptly.' Eventhrough
e , when Chrysler acqotred over 1,000 n tn· to�b(J 'ttl'N J8ffetlaO
ve 0 stuck to his motto, ark han1 and don give up.' He advi you 0
at the bottom and work their wa.J up through hard work.
notice.
Upon checking, I found that my
real te had created the problem.
The mortga e company's rules
required that every mortgage of mine
be cbec ed to determine if payments
the
pc I questi people ta
about themselves and you've made
friends for life. Here are some qu
tions I have used su fu Ily:
-How long have you been with
thi nk?-
-What got you inter ted in
banking?"
-what are your in the re current.
fanancial world?- A federal law says that tbe mort-
The rs are not important gage company has only 30 days to
accept or reject an applicalion.
tbe fact that you are making. Because the mortgag company could
�rsation and, therefore, making a
not get r po from 60 other
friend. , h
All loa. ffi .. _- floor I" mortgage compani withm t e
n 0 lcen IIClYl; a Imlt, .., , Ily . ed
the ' t they � required 11m .u automanca reject
amoun can approve lor a � .
loa . hou' b ba k' loa my appncanoo.
n t t g ng to ten n - I pplied b mort
. . a to anot er gag
committee. ,The floor limit can range nd ."_�_A II the
SO S company a ;:W� a proper-
from to 100, 'f 00' The
. . t part 0 partne Ips.
depending on the bank and th title or d'd 't 'the
stature of the loan officer. mort�g COOlpan)' � n requ�e
By . � loan' h' he floor checking of partnership propert and
ng lor a t in t .
.. .. __ fa . the loan lied through.
IUDlt, you IldYl; a r greater chance what kind f
for approval. When a decision has to 0 matter- 0 n you
o to a committee or board of direc- are after, th re are always alternatives.
ton, your chances of approval drop by If you , till have trouble, apply for
at Icast SO percent. mortgag through a mortgag bf er
Instead of making d and or ume a non-quaJifying mortgage.
M people feel intimidated by tbe
pr of applying for a loan. You
may feel, -I really need th· money,
but the ban doCsn't need me."
Wrong. The ban _ need you.
Ban are in bu i to make
large and mall. That's where the
profi come from.
Affordable
home
ownership
opportuni les
TROY, MI - Standard
Federal Bank will hold a free
Community Home Buyer's Pro­
gram erninar on Saturday,
February 13, from lOam. until
12pm., at Core City Neighbor­
hoods, 3301 23rd Street, in
Detroit.
This rninar is e pecially
helpful to renters who would
like to become buyers. To
regi ter, or, for information
about the program, call 1-
643- , eXL (U77.
®
BEST CHANCE:
, atch Feb. 3,
1993
Lotto TIck
And total Income
.. no mote than·
FREE TAX HELP CALL
961-1842 for locations east of Woodward Avenue
96'1-1846 fC?" locatio we t of Woodward Avenue
341-1353 for deaf and hearing impaired ervices
1 p8fSOn $ 9.000
2 peepe $12.000
3 peopl :;:$15,000
• people $18.000
5 people $ 3.000 for
Dtd you know that you may stili get a tax refund/credit even If you didn't earn
any money? 'The average household received $491 In tax refunds and
credits through the Tax Assistance Program last year
FREE HELP IS AVAILABLE
If your hou hold
size' -
•
TAKE THE
ITIATIVE
ANDYOU·CAN
OWN YOU
OWN HOME
Has buying a home or refinandng the one
you own always seemed like som thing out of
your reach?
Do you ever feel like ying, "What's th
of trying?" ,
Well h r ' an idea you'll like.
Th Initiative Mortgage . From
Fir t of America Bank.
It's a way to h Ip peopl r, finance or buy
hom in Detroit, Hight Par or Pontiac.
Wh n purchasing home, your down
paym nt can be litt) 5% for 3()..year
Axed rate mortgag and if you're inter In
r finandng your ex! ng r idence, w can
oan you �p to 80% of th valu of your hom .
Eith r way, if your m rtgag i $50,000
or und r, w waiv our points and the �
for applicati n and docum nt pr paration.
Ov r $50,000 and w 'll waiv points on
th fir 50,000.
Th r ' a lot mor w can tell you if you
call Fir of Am ri 1-800-73> 96.
1 i tak from y littl initl uve,
'"8 urwkr. G:l
mbuFD