domus: New York Refinance or Purchase Using an Option ARM, Part 5 - 03/05/08 03:43 PM
Do fixed rate mortgage loans have negative amortization? 
To The Mortgage Guys of Domus Mortgage, this is an interesting question.  Most people's initial response would be, "Of course not,"  And they would be right - if that loan is paid off in its entirety using regular monthly payments, bi-weekly payments, extra … (1 comments)

domus: New York Refinance or Purchase Using an Option ARM, Part 3 - 03/05/08 11:29 AM
What is a "lifetime cap?" And is the lifetime cap on the CODI or COSI loan too high?
This is another tough question faced by The Mortgage Guys of Domus Mortgage.  It is one, however, for which we do have a an.  For the record, a "lifetime cap" on an ARM is defined as … (0 comments)

domus: Refinance or Purchase Using an Option ARM, Part 2 - 03/05/08 08:58 AM
In our previous post, Refinance or Purchase Using an Option ARM, Part 1, The Mortgage Guys of Domus Mortgage touched on the notion of negative amortization or, as it is less ominously known, optional deferred interest.  The burning questions are, "What is negative amortization?"  And, "Is it really a ‘negative'?"
Negative Amortization, or … (0 comments)

domus: Refinance or Purchase Using an Option Arm, Part 1 - 03/03/08 04:44 PM
If you listen to the radio, read the newspaper, surf the Web, or watch TV, then you have most likely heard of the Pay Option ARM or Pick-A-Payment loan.  And, if you have heard anything, it probably is not good. 
Like any other mortgage product, the Option ARM is neither good or … (0 comments)

domus: The Mortgage Guys Remind You to Spring Ahead - 03/03/08 11:53 AM
The Research Department of The Mortgage Guys of Domus Mortgage has learned that Daylight Savings Time will commence at 2 a.m. on March 9, 2008.  Rather than keeping this valuable information to ourselves, we thought that we would provide a service by passing it along to the general public.
As you know, setting … (1 comments)

domus: The Mortgage Guys & Real Estate Agents: Professionals Helping Professionals - 03/03/08 10:57 AM
Over the years, The Mortgage Guys of Domus Mortgage have learned one simple, universal truth:  The most vital  - and only real asset - is our customer.  As a company, we seek out like-minded business partners (real estate agents, lenders, title companies, appraisers, etc.) who share this philosophy.
The relationship that we hope … (1 comments)

 
Mortgage Company: PTBAC
Steven Odierno
Blauvelt, NY
More about me…
PTBAC

Office Phone: (866) 403-6687
Cell Phone: (914) 714-0433
Email Me

View My Stats

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find NY real estate agents and Blauvelt real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved