Chester Bell This is Me

 Web References

1. 1. www.mortgagebankers.org

   www.mortgagebankers.org//roste - [Cached]

   Published on: 3/3/2007   Last Visited: 12/31/2007

   Chester Bell Vice President-Loan Production MidAmerica Bank

2. 2. Press Releases

   www.111morgan.com/press/februa - [Cached]

   Published on: 2/18/2002   Last Visited: 11/5/2007

   In addition to providing the necessary funds for a move-up home purchase, the program has several advantages, according to Chester Bell, MidAmerica Bank loan officer.
   
   Because the loan is a demand note, buyers pay no interest on the loan until the first house is sold or paid off, noted Bell. Any interest paid at that point is generally tax-deductible. Also, there are no lender fees or closing costs associated with the program.
   
   The most notable benefit is the program's interest rate, according to Bell.
   
   "The interest rate on this loan is tied to the current prime rate," said Bell.