SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MoneyPenny who wrote (14939)11/9/2003 12:44:59 PM
From: TradeliteRead Replies (1) of 306849
 
Looks like you just cited another example of the "modern marketing miracle" generated by today's loan officers and lenders.

It has always been possible to select whether to pay closing costs in cash out-of-pocket at settlement or have them rolled into the financing over 30 or 15 or whatever years. It's not new, but it certainly has been marketed as a "great new deal."

Your comment about condos not being eligible was interesting, though. I actually got intrigued enough to call a local bank after I saw one of their ads for a 10-year refinance. Turns out I wanted to borrow too small an amount of money to qualify. They wanted bigger fish.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News