2006-07-28 08:55:44 · 4 answers · asked by saraamerica 1 in Business & Finance ➔ Personal Finance
when you have a problem with a mortgage you should try to consolidate that loan, this is called debt consolidation.
this is rather easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is:
http://umgarticles.atspace.com/debt-consolidation.htm
2006-07-31 20:46:21 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Because the lenders may or may not charge points or fees, or they are the lowest possible rates because of buy downs or A paper adjustables.
2006-07-28 09:00:38 · answer #2 · answered by pknutson_sws 5 · 0⤊ 0⤋
It's called low balling, they give you a low number to lure you in. Car dealers do it all the time. You know, they offer you that one brand new vehicle for $10,000, but when you get there that vehicle is always sold.
2006-07-28 09:01:19 · answer #3 · answered by Billy 4 · 0⤊ 0⤋
Come on! or they are quoting Adjustable rates or even introductory rates that are buy downs.
2006-07-28 08:58:19 · answer #4 · answered by golferwhoworks 7 · 0⤊ 0⤋