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HLS
ParticipantNot anything that I can help with any more.
Lenders that I had to do them have gone the way of the dodo bird…..Somebody out there might still be doing them.
Sorry, but thanks for asking.,,,HLSParticipantI want lower home prices and affordability for ALL.
People need to feel some pain…The govt is a drug supplier. FNMA/FHLMC/FHA are drug dealers supplied by the govt.
The country is full of addicts injecting DEBT into thier veins 24/7We just had the opportunity to do an intervention
and create a clean & sober society, but the govt would be out of business.Everytime OBAMA said “mortgage/payments/homes” I replaced with the word DRUGS..
According to Obama, It is a price worth paying,, to keep millions ADDICTED,, The govt needs JUNKIES!!! Ignore what the drugs cost, we will make the payments affordable.
We have drug backed securites. We have drug payments, we have people who want their drugs.
Thre will be reforms to keep people addicted. Buying drugs will be kept to 31% of your income.They will make drugs affordable. Don’t expect to see the price of drugs go up any time soon….They will give you money so you can be addicted too.,, do not forget, the American dream is to be an addict !!
You can only be addicted to ONE drug at a time.
Preserve for millions their addiction status.There will be a $10 billion fund to combat any efforts that try to get you clean and make sure that you stay addicted..
And the masses CHEERED!!!
ParticipantI want lower home prices and affordability for ALL.
People need to feel some pain…The govt is a drug supplier. FNMA/FHLMC/FHA are drug dealers supplied by the govt.
The country is full of addicts injecting DEBT into thier veins 24/7We just had the opportunity to do an intervention
and create a clean & sober society, but the govt would be out of business.Everytime OBAMA said “mortgage/payments/homes” I replaced with the word DRUGS..
According to Obama, It is a price worth paying,, to keep millions ADDICTED,, The govt needs JUNKIES!!! Ignore what the drugs cost, we will make the payments affordable.
We have drug backed securites. We have drug payments, we have people who want their drugs.
Thre will be reforms to keep people addicted. Buying drugs will be kept to 31% of your income.They will make drugs affordable. Don’t expect to see the price of drugs go up any time soon….They will give you money so you can be addicted too.,, do not forget, the American dream is to be an addict !!
You can only be addicted to ONE drug at a time.
Preserve for millions their addiction status.There will be a $10 billion fund to combat any efforts that try to get you clean and make sure that you stay addicted..
And the masses CHEERED!!!
ParticipantI want lower home prices and affordability for ALL.
People need to feel some pain…The govt is a drug supplier. FNMA/FHLMC/FHA are drug dealers supplied by the govt.
The country is full of addicts injecting DEBT into thier veins 24/7We just had the opportunity to do an intervention
and create a clean & sober society, but the govt would be out of business.Everytime OBAMA said “mortgage/payments/homes” I replaced with the word DRUGS..
According to Obama, It is a price worth paying,, to keep millions ADDICTED,, The govt needs JUNKIES!!! Ignore what the drugs cost, we will make the payments affordable.
We have drug backed securites. We have drug payments, we have people who want their drugs.
Thre will be reforms to keep people addicted. Buying drugs will be kept to 31% of your income.They will make drugs affordable. Don’t expect to see the price of drugs go up any time soon….They will give you money so you can be addicted too.,, do not forget, the American dream is to be an addict !!
You can only be addicted to ONE drug at a time.
Preserve for millions their addiction status.There will be a $10 billion fund to combat any efforts that try to get you clean and make sure that you stay addicted..
And the masses CHEERED!!!
ParticipantI want lower home prices and affordability for ALL.
People need to feel some pain…The govt is a drug supplier. FNMA/FHLMC/FHA are drug dealers supplied by the govt.
The country is full of addicts injecting DEBT into thier veins 24/7We just had the opportunity to do an intervention
and create a clean & sober society, but the govt would be out of business.Everytime OBAMA said “mortgage/payments/homes” I replaced with the word DRUGS..
According to Obama, It is a price worth paying,, to keep millions ADDICTED,, The govt needs JUNKIES!!! Ignore what the drugs cost, we will make the payments affordable.
We have drug backed securites. We have drug payments, we have people who want their drugs.
Thre will be reforms to keep people addicted. Buying drugs will be kept to 31% of your income.They will make drugs affordable. Don’t expect to see the price of drugs go up any time soon….They will give you money so you can be addicted too.,, do not forget, the American dream is to be an addict !!
You can only be addicted to ONE drug at a time.
Preserve for millions their addiction status.There will be a $10 billion fund to combat any efforts that try to get you clean and make sure that you stay addicted..
And the masses CHEERED!!!
ParticipantI want lower home prices and affordability for ALL.
People need to feel some pain…The govt is a drug supplier. FNMA/FHLMC/FHA are drug dealers supplied by the govt.
The country is full of addicts injecting DEBT into thier veins 24/7We just had the opportunity to do an intervention
and create a clean & sober society, but the govt would be out of business.Everytime OBAMA said “mortgage/payments/homes” I replaced with the word DRUGS..
According to Obama, It is a price worth paying,, to keep millions ADDICTED,, The govt needs JUNKIES!!! Ignore what the drugs cost, we will make the payments affordable.
We have drug backed securites. We have drug payments, we have people who want their drugs.
Thre will be reforms to keep people addicted. Buying drugs will be kept to 31% of your income.They will make drugs affordable. Don’t expect to see the price of drugs go up any time soon….They will give you money so you can be addicted too.,, do not forget, the American dream is to be an addict !!
You can only be addicted to ONE drug at a time.
Preserve for millions their addiction status.There will be a $10 billion fund to combat any efforts that try to get you clean and make sure that you stay addicted..
And the masses CHEERED!!!
ParticipantWith govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.
I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.
It will no longer be an apples to apples comparison.
ParticipantWith govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.
I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.
It will no longer be an apples to apples comparison.
ParticipantWith govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.
I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.
It will no longer be an apples to apples comparison.
ParticipantWith govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.
I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.
It will no longer be an apples to apples comparison.
ParticipantWith govt intervention and manipulation of mortgages and rates, and stimulus incentives via tax credits and moratoriums on foreclosures, any of the future statistics for sales and foreclosures compared to past stats will be completely meaningless, but the govt and media and NAR will use them to twist the facts.
I’m expecting some bizarre increases which will be (attempted) used to promote a turn around, when in reality there is probably more downside and pain in many areas.
It will no longer be an apples to apples comparison.
Participant[quote=Sandiagon] you will get better deal with direct lenders like Wellsfargo, Bofa, etc… Direct lenders never charge origination fee.
[/quote]The above statement is ignorant and incorrect.
You will NOT “always” get a better deal from a direct lender. You will get a higher rate, and higher monthly payment for the life of the loan, that can cost you tens of thousands of dollars over the life of a loan for not paying an origination fee.
Banks are nothing more than mortgage brokers, except banks have fewer options.
Shopping around is fine, but have a clue what you are shopping for.
It’s often a foolish borrower that falls for a no point loan, esp at today’s rates.
For the OP, it’s impossible to know what closing costs are without knowing if you want to buy the rate down, what the title & escrow costs will be, and whether you are required to have an impound account for taxes and insurance.
It also depends on loan amount. Total closing costs of around 2% for a loan up to $400K, and bit less than 2% above that.
With a no point loan your cost should be less.
What is your rate with a no point loan ??Participant[quote=Sandiagon] you will get better deal with direct lenders like Wellsfargo, Bofa, etc… Direct lenders never charge origination fee.
[/quote]The above statement is ignorant and incorrect.
You will NOT “always” get a better deal from a direct lender. You will get a higher rate, and higher monthly payment for the life of the loan, that can cost you tens of thousands of dollars over the life of a loan for not paying an origination fee.
Banks are nothing more than mortgage brokers, except banks have fewer options.
Shopping around is fine, but have a clue what you are shopping for.
It’s often a foolish borrower that falls for a no point loan, esp at today’s rates.
For the OP, it’s impossible to know what closing costs are without knowing if you want to buy the rate down, what the title & escrow costs will be, and whether you are required to have an impound account for taxes and insurance.
It also depends on loan amount. Total closing costs of around 2% for a loan up to $400K, and bit less than 2% above that.
With a no point loan your cost should be less.
What is your rate with a no point loan ??Participant[quote=Sandiagon] you will get better deal with direct lenders like Wellsfargo, Bofa, etc… Direct lenders never charge origination fee.
[/quote]The above statement is ignorant and incorrect.
You will NOT “always” get a better deal from a direct lender. You will get a higher rate, and higher monthly payment for the life of the loan, that can cost you tens of thousands of dollars over the life of a loan for not paying an origination fee.
Banks are nothing more than mortgage brokers, except banks have fewer options.
Shopping around is fine, but have a clue what you are shopping for.
It’s often a foolish borrower that falls for a no point loan, esp at today’s rates.
For the OP, it’s impossible to know what closing costs are without knowing if you want to buy the rate down, what the title & escrow costs will be, and whether you are required to have an impound account for taxes and insurance.
It also depends on loan amount. Total closing costs of around 2% for a loan up to $400K, and bit less than 2% above that.
With a no point loan your cost should be less.
What is your rate with a no point loan ?? -
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