Can't get financing!?
#21
Registered
Join Date: Mar 2002
Location: Livonia, Michigan
Posts: 360
Likes: 0
Received 0 Likes
on
0 Posts
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.
#23
Registered
Join Date: Sep 2002
Location: Clearwater, Florida
Posts: 2,219
Likes: 0
Received 0 Likes
on
0 Posts
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
Kyle
#28
Registered
Join Date: Aug 2001
Location: Boynton Beach FLORIDA!!!!
Posts: 1,842
Likes: 0
Received 0 Likes
on
0 Posts
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
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
#29
Geronimo36
Gold Member
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
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
Even when I thought I was going to scrap the blowers he had a line on a buyer for me.