Great refinancing deal on BofA

[DWCAP]

Obviously BofA’s bold new attempt to attract customers must mean that they have TONS of spare cash sitting around and have written off whatever bad or decaying assets they had from the Countrywide merger. BofA must be on the verge of a huge share price run up as the largest home lender in the country makes a massive move to gain market share. Today’s 300+ move was only the beginning of a new bull market and as such evidence that all the smart money is now getting back into financials in a big way. Any and all financial stocks especially newly inovative ones like netbank or ones heavely into real estate like WaMu are the best bets.

In conclusion the current uptick in sales of houses is the beginning of the next bull market in all asset classes you can think of including beany babies, kindergarden paintings/artwork, and full tube 480p tv’s. SO BUY BUY BUY, and dont forget to stop by your local federal reserve bank office and get your free loan on all these asset classes so you can use 35X leverage and retire tomorrow.

[Arty]

Is it kind of late for…

[Arty]

Is it kind of late for…

[Arty]

Is it kind of late for…

[Arty]

Is it kind of late for…

[Arty]

Is it kind of late for…

[Sandi Egan]

First I didn’t believe it, but I called my local BofA branch, and they confirmed all the information in OP.

The friendly clerk explained that they are able to borrow unlimited money from the fed at about 2%, so 4.something% is good return.

She also volunteered to explain why are they looking for low credit score/high debt types. The fact is, you have to be unable to pay your full mortgage to qualify for future govt bailout (of course, banks do know what exactly that bailout is going to look like and when does it kick in). And if you don’t qualify for the bailout, the bank will have to assume the risk itself.

Unfortunately, my credit score is too high to qualify for this particular offer. But luckily she found something suitable for me. So now I am pre-approved for 116% LTV loan at 4.78%, as long as the price is above $1.12M. It’s hard to find a home like that anymore, but I’ll do my best.

Too bad Jim the Realtor has sold his Mesa Norte listing already…

[Sandi Egan]

First I didn’t believe it, but I called my local BofA branch, and they confirmed all the information in OP.

The friendly clerk explained that they are able to borrow unlimited money from the fed at about 2%, so 4.something% is good return.

She also volunteered to explain why are they looking for low credit score/high debt types. The fact is, you have to be unable to pay your full mortgage to qualify for future govt bailout (of course, banks do know what exactly that bailout is going to look like and when does it kick in). And if you don’t qualify for the bailout, the bank will have to assume the risk itself.

Unfortunately, my credit score is too high to qualify for this particular offer. But luckily she found something suitable for me. So now I am pre-approved for 116% LTV loan at 4.78%, as long as the price is above $1.12M. It’s hard to find a home like that anymore, but I’ll do my best.

Too bad Jim the Realtor has sold his Mesa Norte listing already…

[Sandi Egan]

First I didn’t believe it, but I called my local BofA branch, and they confirmed all the information in OP.

The friendly clerk explained that they are able to borrow unlimited money from the fed at about 2%, so 4.something% is good return.

She also volunteered to explain why are they looking for low credit score/high debt types. The fact is, you have to be unable to pay your full mortgage to qualify for future govt bailout (of course, banks do know what exactly that bailout is going to look like and when does it kick in). And if you don’t qualify for the bailout, the bank will have to assume the risk itself.

Unfortunately, my credit score is too high to qualify for this particular offer. But luckily she found something suitable for me. So now I am pre-approved for 116% LTV loan at 4.78%, as long as the price is above $1.12M. It’s hard to find a home like that anymore, but I’ll do my best.

Too bad Jim the Realtor has sold his Mesa Norte listing already…

[Sandi Egan]

First I didn’t believe it, but I called my local BofA branch, and they confirmed all the information in OP.

The friendly clerk explained that they are able to borrow unlimited money from the fed at about 2%, so 4.something% is good return.

She also volunteered to explain why are they looking for low credit score/high debt types. The fact is, you have to be unable to pay your full mortgage to qualify for future govt bailout (of course, banks do know what exactly that bailout is going to look like and when does it kick in). And if you don’t qualify for the bailout, the bank will have to assume the risk itself.

Unfortunately, my credit score is too high to qualify for this particular offer. But luckily she found something suitable for me. So now I am pre-approved for 116% LTV loan at 4.78%, as long as the price is above $1.12M. It’s hard to find a home like that anymore, but I’ll do my best.

Too bad Jim the Realtor has sold his Mesa Norte listing already…

[Sandi Egan]

First I didn’t believe it, but I called my local BofA branch, and they confirmed all the information in OP.

The friendly clerk explained that they are able to borrow unlimited money from the fed at about 2%, so 4.something% is good return.

She also volunteered to explain why are they looking for low credit score/high debt types. The fact is, you have to be unable to pay your full mortgage to qualify for future govt bailout (of course, banks do know what exactly that bailout is going to look like and when does it kick in). And if you don’t qualify for the bailout, the bank will have to assume the risk itself.

Unfortunately, my credit score is too high to qualify for this particular offer. But luckily she found something suitable for me. So now I am pre-approved for 116% LTV loan at 4.78%, as long as the price is above $1.12M. It’s hard to find a home like that anymore, but I’ll do my best.

Too bad Jim the Realtor has sold his Mesa Norte listing already…

[Sandi Egan]

Forgot to mention that the 4.78% apr requires 3/4 points if the price is less than $1.3M.

Also, if I buy one of BofA REOs in 4S ranch they will pay my HOA fees for 3 years.

[Sandi Egan]

Forgot to mention that the 4.78% apr requires 3/4 points if the price is less than $1.3M.

Also, if I buy one of BofA REOs in 4S ranch they will pay my HOA fees for 3 years.

[Sandi Egan]

Forgot to mention that the 4.78% apr requires 3/4 points if the price is less than $1.3M.

Also, if I buy one of BofA REOs in 4S ranch they will pay my HOA fees for 3 years.

[Sandi Egan]

Forgot to mention that the 4.78% apr requires 3/4 points if the price is less than $1.3M.

Also, if I buy one of BofA REOs in 4S ranch they will pay my HOA fees for 3 years.

[Author]

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