The Residential Real Estate Crash Index Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Live2Sail who wrote (87100)	8/26/2007 4:49:54 PM
From: MulhollandDrive	Read Replies (1) of 306849

I'm sure that there are plenty of places to find jumbo loans. The question is what is the rate? Hell, I'll loan 500k if I can get 10%. Anybody need a jumbo? really? i'm curious.... would you settle for 10% if you felt the underlying collateral was a declining asset? personally, i think that is a LOT of risk to take on, for what, 5% over a no risk CD the mortgage lender Hudson City, i posted about earlier, is and HAS been required around 40% downpayment on $1M and over loans.. they will do just fine in the coming downdraft of 'impaired valuation' for underlying collateral, obviously.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next