home bbs files messages ]

Forums before death by AOL, social media and spammers... "We can't have nice things"

   nyc.politics      Politics specific to New York City      92,003 messages   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]

   Message 90,320 of 92,003   
   Regulation Of Commerce to All   
   250 Year Fixed, No Doc, 100% LTV, Confor   
   06 Jan 20 15:15:18   
   
   XPost: fl.politics, houston.politics, tx.politics   
   XPost: az.politics, ny.politics   
   From: RegulationReform@USA.com   
      
   250 Year Fixed, No Doc, 100% Loan-To-Value, Conforming Loans are needed.   
      
   A 250 year fixed payment is equal to an Interest-Only payment.   
      
   We can still have teaser rates for the first 5-10 years, to build equity and   
   then   
   refinance.   
      
   The 5/1's are still a time bomb waiting to happen, as soon as the housing   
   market   
   falls again.   
      
   Mortgages with adjustable payments are a time bomb waiting to happen, as soon   
   as   
   the housing market falls again.   
      
   The payment must stay the same for the life of the loan, though the rate can   
   change.   
      
   The 250 Year Fixed, 100% Loan-To-Value, Conforming Loans are needed, No Doc for   
   primary loan, doesn't have to be a residence, one could rent as a vacation   
   property.   
      
   No two years of employment proven.  Buy at will, to live in or rent as vacation   
   property.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]


(c) 1994,  bbs@darkrealms.ca