“Getting a loan should be as easy as ordering pizza over the phone”. Call xxxxxxx.
“Out of bankruptcy? Bad credit? No credit? Call 1-800-OutOfBK. As long as you have 70% equity, we can help.”
I e-mailed this company, asking if they need investors. They explained they loan at 65% LTV. If values slide by 15%, they’re still at 80% LTV. He told me since I believe values will drop by 50%, this investment would not be for me.
Has anyone read/heard any other crazy mortgage ads?
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