10-02-2008, 10:34 AM
I'd love to see someone go into the bank and ask for a mortgage on this house...
-Um yes, I would like to apply for a loan. I plan on purchasing my house for $1.75.
-Did you say $1.75?
-Yes, $1.75. You heard me correctly. What kind of a rate can I get? I'm looking for a 30 Yr fixed.
-Ok, let me run some numbers..... 6.375%, 30-yr fixed.....Ok you're looking at monthly payments of $.0109....I think we can skip the credit check....Closing costs up front will total up to be $3,000. Would you like to see what rate we can get you if we add points?
-Um yes, I would like to apply for a loan. I plan on purchasing my house for $1.75.
-Did you say $1.75?
-Yes, $1.75. You heard me correctly. What kind of a rate can I get? I'm looking for a 30 Yr fixed.
-Ok, let me run some numbers..... 6.375%, 30-yr fixed.....Ok you're looking at monthly payments of $.0109....I think we can skip the credit check....Closing costs up front will total up to be $3,000. Would you like to see what rate we can get you if we add points?