I need to refinance and I have 80/20 and everybody wants to offer me a interest only, why can't I get an HONEST good deal?
2007-02-26 10:42:11 · 3 answers · asked by G B 2 in Business & Finance ➔ Renting & Real Estate
1. I would not suggest an interest only product if you are going to live in the home. I would only suggest doing so if it was an investment property or selling within 1 year.
2. If you are worried about monthly payments their are 10,15, 20, 30 and 40 year refinance options available.
3. You also have the option to get what's called a Bi-weekly amortization Payment schedule for free.
Example:
Current Monthly payment: $2000
*You pay half on the 15th ($1000) - this payment will go towards interest and principle.
*The second Payment on the 30th ($1000) will go towards Principle only. Thus, decreasing the term of your loan from 30 years to a 24-25 year term.
If you want Honest and Professional Options let me know.
Regards,
www.FinanceYourWauy.com
2007-02-26 19:01:12 · answer #1 · answered by anthonyctheriault 1 · 0⤊ 0⤋
Almost sure that you must find many financial clarification at= loandirectory.info-
RE How can I afford to live at Nassau County, Long Island.?
I need to refinance and I have 80/20 and everybody wants to offer me a interest only, why can't I get an HONEST good deal?
2014-09-03 14:08:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Get your loan today from Ericson finance at 2% interest rate email:finance.ericson@hotmail.com today.
2014-12-29 02:21:23 · answer #3 · answered by Anonymous · 0⤊ 0⤋