Merix Financial has just announced a below prime variable, the lowest nationally-advertised variable rate product in over a year. Merix is now offering a 3 year variable rate at Prime – .25%. Now of course there are some conditions. The Conditions: Must close within 30 days. Purchase and refinance only. NO pre-approvals. Owner occupied single
I get calls and questions on this topic almost every week. Given the changing market, it’s time for an update as of November 15th, 2009. In fact, I recently took a call from a real estate lawyer who was buying a place and wanted my opinion on this topic, and I went into great length
It seems that no matter who the client, what the clients financial situation, or how much money the client has to put down. Extended Amortization and it’s pros and cons are heavily discussed throughout the process in setting up a new mortgage in today’s market. Back in Aug I had the opportunity to speak about
