rate: Just Pay the Points, Don't Play Games with your Lender, Negotiate the Points in!
- 08/19/09 01:54 PM
I was reading a post a colleague of mine wrote and it reminded me of something that happens all to often in lending. That darn Investment Property/ Primary Residence/ Second Home game. You know the one I'm talking about, the client is going to buy a home that is to close to their primary residence to be a legitimate owner occupied property or they are going to move into it after they fix it up but in reality they are not going to do that they just want to avoid paying higher rates or fees or they are stepping down in square footage … (3 comments)
I was reading a post a colleague of mine wrote and it reminded me of something that happens all to often in lending. That darn Investment Property/ Primary Residence/ Second Home game. You know the one I'm talking about, the client is going to buy a home that is to close to their primary residence to be a legitimate owner occupied property or they are going to move into it after they fix it up but in reality they are not going to do that they just want to avoid paying higher rates or fees or they are stepping down in square footage … (3 comments)
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