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 -- Ignore unavailable to you. Want to Upgrade?

To: Rutgers who wrote (21720)6/18/2004 11:18:28 AM
From: deenoRead Replies (1) | Respond to of 306849
 
oh I don't know. 1 month LIBOR based loan, interest only, is currently @ 2.625 on 550,000 thats about 1200 a month. Not much more then rent. Yes I know its high leverage, stupid, more costs, insurance or whatever. Im just posting thats its possible.



To: Rutgers who wrote (21720)6/18/2004 4:09:24 PM
From: IsraelRead Replies (2) | Respond to of 306849
 
even if they took out one of dose fancy interest only mortgages, he w/n qualify for $550k, period

ever heard of stated assets, stated income loans?? Where they just look primarily on your credit score and LTV??

With a credit score above 680.. and a LTV of 80%... He would easily qualify for such a loan, without income, or asset verification...

Israel


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