August 11, 2009 by admin
Filed under Interest rate Info
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www.banksmartnow.com Skype-vbeatteay 800.792.3155 ext. 3789 askvictorb@gmail.com Who has the most appropriate accessible Mortgage Interest Rates. What is the most appropriate Mortgage Loan. Who has the Best Mortgage Rates as well as Programs? What is the most appropriate Home Loan for me? These have been the questions asked by all consumers who have been selling for the home loan or refinance, unfortunately unless the right strategies have been applied, these good loans will price we hundreds of thousands in nonessential debt interest… Find out …
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Looking for an unsecured low apr seductiveness rate loan for someone who has no credit?Looking for an unsecured low apr seductiveness rate loan for someone who has no credit. This is the loan to begin the tiny home formed business.
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Thanks so much for your educational and thoughtful response… Point, Counter-Point…
Debt consolidation can be a really useful tool for many people, the key is of course to do a little homework and make sure you’re not dealing with a rip off merchant.
consolidationnetwork . com
has many useful links for debt consolidation comapnies
There are lost of great offers to choose from. Check out this website for a few of those offers.
http://creditcardwithbadcredit.info/low-apr-credit-cards-application/
If you plan to pay back the money , you can ask for a loan at Prosper. More information at http://www.acreditlibrary.com/prosper.html . You can also try your luck at online charities, people may send donations. More information at http://www.laodn.org/
it is a good idea to get a consolidation loan if you can but you won't get a low interest rate
Thanks Shannon… You’re the best…
Nice work. keep it up. mean time come for social media marketing for esteembpo**com
Victor,
YOu should do an ebook. Or have you already?
What about building credit as a corporation? You got anything on that?
Holly Powell
Yeah, me too.
thehelpfund.blogspot
This guy is full of crap run away now !
The main problem your father is going to face other than the interest rate is the fact that he needs to borrow money for to pay the down payment. When people borrow money to buy a home the lender uses the home as collateral for the loan. and the major lender for instance if you bought a home for $80,000 and put $15,000 down payment. then the mortgage holder for the $65,000 registers a 1st mortgage on the property and is entitled to be paid 1st upon sale, or can foreclose etc. if you borrow $15,000 to pay the down payment and don't have any other form of collateral then the lender of the $15K will place a 2nd mortgage on the property and 2nd mortgages are ALWAYS at higher interest rates. If you have bad credit then the rates will be higher and it will be almost impossible to buy a home without any money.
Unfortunately, people with bad credit have to borrow from companies that do charge high rates, do have strings attached and have all kinds of fees.
You could try looking for people who are offering rent to own housing. you rent them for a period and the rent goes towards a down payment. What about renovating your grandmothers house and making separate suites that may be cheaper and your father will have his own area . check the real estate listings for house that the present owner will finance the mortgage .
it's impossible to have a good rate with bad credit.
But you'll find a loan !
The rate will depend on what loan program you go with and how much money you put down. If you go with an FHA loan you can get a 30 year fixed around 5.25% or an FHA 5/1 ARM at 4.25%. The only thing your income will affect is how much money you can borrow.
what state are you looking in. a mortgage broker 866-848-9306
Victor, Im so happy to see this video. I hope that you and your team continue to do videos, because I know just from working with you guys, you have such value to offer and give.
And…..Holly is right>>> Ebook time!!!! Great residual income for you and you have all this knowledge to give in an ebook to share with people.
Happy Holidays, thank you for being a part of my life personally and in business.
The only way to get a better rate is to try and qualify for manufacturer backed Zero percent or low interest rates on a new car. But in your situation that 7.25% is a darn good rate for a first time buyer.
You might also try a local Credit Union. They offer low interest loans to their customers.
Do the math, a 1% change in the interest rate of a $15,000 loan over 5 years will only change your payment by $7.00 as month. That's less than 1 large coke a week.