That’s a screen name for one of the regular posters here who is in the finance biz and is frequently called on for expertise, give it a day or two and he will be able to give you the answer when he sees this.
On a side note, what gives? 700k, 100%, stated. I hope you have done your homework and have the income or some lottery payment coming, that move is so 2005. That’s how we got here in the first place. I feel like I just walked by some a town sqaure in Germany and there is a short guy with a mustache giving an angry speech to a crowd of people thinking “oh god, not this again.”
The rate is going to blow, jumbo’s just shot up and the market is about as interested in loaning money for a loan like that as it is loaning money for people to take to casinos, they are fairly certain they aren’t going to get it back.
