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Personal Finances / Buying or Selling a Home


Subject:  Re: Refinancing without paying points? Date:  4/20/2001  5:53 PM
Author:  Dwdonhoff Number:  19440 of 128887

Thanks Jim,

Of course, I'd be very happy to arrange your financing for you... after all, that's my biz!

For Home Equity Lines Of Credit (HELOCs) there are a few awesome programs out there right now among the wholesale lenders. They basically break down to 2 different versions;

1) 5 3/4% "teaser" interest rate for the first 3 months, then converting to Prime Plus 2.

2) "Teaser" for 6 months at Prime Minus 1, then converting to Prime Plus 1.

There are other programs as well... post me off the boards and I'll help you explore them.

Dave Donhoff
Lic. Mortgage Broker
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