wildomar reverse mortgage: January ExtraCredit Newsletter- Purchasing with a Reverse Mortgage!
- 01/18/08 04:05 AM
Things are tough... We all know it... very few will say it out loud...values are falling and many lenders are cutting back on LTV's in our area... But some aren't. If you still need that 100% Full Doc Purchase or 95% SISA loan for one of your clients, I can still get it done at a VERY decent rate (~ 6% for a VERY strong credit profile). Even stated Jumbo loans are getting more reasonable (7/1 I/O 70% SISA ~ 6%). I even saw something this week that we all thought we'd never see again; a rate that started with a '4' on a 7 year (0 comments)
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