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Can't get financing!?

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Old 05-24-2006, 10:37 AM
  #21  
sre
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Default Re: Can't get financing!?

If Fifth Third Bank is in your area they have a special right know on HELOCS. You take the HELOC which has no closing costs, and can convert it immediately to a 20yr fixed rate at 8.24% for only a $95 one time fee. I do this all the time writing 1st and 2nd mortgages with them. Payment would be about $8.52 per $1,000.
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Old 05-24-2006, 11:33 AM
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Default Re: Can't get financing!?

We use Essex Credit at Typhoon Performance Marine: Excelent! Dave is a great help and so is Amy (732) 899-7886
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Old 05-24-2006, 02:12 PM
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Default Re: Can't get financing!?

Originally Posted by kswest
LOC rate is tied to the prime rate. The Fed has raised the rate substantially over the past 2 years. It is 5% now. Variable rate on a long term purchase is not a good thing.

Kyle
Gotta be close to the top. I'm not so concerned about a variable tied to prime right now.
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Old 05-24-2006, 03:13 PM
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Default Re: Can't get financing!?

Chi290, does BobZ's deal on new 42 pending your deal? ( I assume you are buying his 99 35)
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Old 05-24-2006, 11:09 PM
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Default Re: Can't get financing!?

Bob's picking up his new boat Friday. Sommerfliesby and me are borrowing it Saturday morning.
Dan
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Old 05-25-2006, 08:01 AM
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Default Re: Can't get financing!?

I don't think it has anything to do with his new deal, but it seems to be his old boat that I'm TRYING to buy.
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Old 05-25-2006, 11:37 AM
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Oh well, SOL
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Old 05-25-2006, 01:22 PM
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Default Re: Can't get financing!?

www.russofinancial.com
Had an approval in 2 hours and their customer service was second to none. Ask for Melanie, she has financed a few apaches that I know of!!!
J
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Old 05-25-2006, 02:03 PM
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Default Re: Can't get financing!?

Originally Posted by Jayl13
www.russofinancial.com
Had an approval in 2 hours and their customer service was second to none. Ask for Melanie, she has financed a few apaches that I know of!!!
J
Jerry Pitts hooked me up! Good guy who knows a lot about financing, not just submitting the application to the bank!

Even when I thought I was going to scrap the blowers he had a line on a buyer for me.
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