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mortgage: Dear refinance fence sitter : a letter from your mortgage. - 06/29/09 10:06 AM




Josh BurleySr. Loan OfficerChoice Finance Corp. www.joshburley.netwww.choicefinance.net301.881.8900 x125
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mortgage: What is a float down? - 06/26/09 11:23 AM
A float down is when rates improve after you have "locked in" your interest rate and the lender agrees to float your interest rate down to the market rate for that given day.
Q: Do all lenders offer this?
A: No. Every lender has a different policy. Some do not offer a float down option at all
Q: How do I know if the lender I am locked with will offer a float down?
A: Ask your mortgage broker. Ideally, you would want to ask this question prior to locking.
Q: What do I do if I am already locked and … (0 comments)

mortgage: Attention UPSIDE DOWN Villages of Urbana Homeowners - 05/05/09 01:47 PM
Help may be here for you!
I am one of many VOU homeowners that is upside down on my mortgage I purchased in the Villages of Urbana  in September of 2005, otherwise known as "the height of the market". As a result, I owe$440,000 on a townhouse that is worth about $350,000 (I'm being aggressive with that estimate)
Due to the rapid decline in home prices in our community, many homeowners have been unable to take advantage of today's low interest rate. That has changed if your current mortgage is owned by either Fannie Mae or Freddie Mac. Under the HARP program, you … (0 comments)

 
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Choice Finance®

Rockville, MD

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Choice Finance Corporation

Address: Rockville, MD

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