El and Bill
New member
- Joined
- Nov 8, 2003
- Messages
- 3,200
- Reaction score
- 0
- C Dory Year
- 2000
- C Dory Model
- 22 Cruiser
- Hull Identification Number
- Sold in 2012
- Vessel Name
- Halcyon
Posted: Sun Aug 01, 2010 11:17 am Post subject: not boat related, or is it?
so, this is not directly boat related, however if one saves money, that money could be made available for additional boating and/or boating stuff.
so, my friend Mr. Freddie Mac is going to loan me money to refinance a property. he's willing to do so for a 15 year period @ 4% fixed, simple interest. he's such a good friend he is not requiring me to show proof of income. i suppose he could order a copy of my tax return from your good friend, Mr. IRS, but i don't know that he plans to do so. simply complete an application, get a nod from your friendly banker, pay 900 + or -, and, for me, save 4880 per year in interest. i applied last monday and will be closing the latter part of this week. don't get me wrong, i'm very pleased about this deal, but somewhere down deep, isn't this what got us in trouble to begin with?
if you have an outstanding mortgage, i would strongly suggest now is the time to refi. we may never again see these rates.
best regards
pat
Fan-A-Sea
so, this is not directly boat related, however if one saves money, that money could be made available for additional boating and/or boating stuff.
so, my friend Mr. Freddie Mac is going to loan me money to refinance a property. he's willing to do so for a 15 year period @ 4% fixed, simple interest. he's such a good friend he is not requiring me to show proof of income. i suppose he could order a copy of my tax return from your good friend, Mr. IRS, but i don't know that he plans to do so. simply complete an application, get a nod from your friendly banker, pay 900 + or -, and, for me, save 4880 per year in interest. i applied last monday and will be closing the latter part of this week. don't get me wrong, i'm very pleased about this deal, but somewhere down deep, isn't this what got us in trouble to begin with?
if you have an outstanding mortgage, i would strongly suggest now is the time to refi. we may never again see these rates.
best regards
pat
Fan-A-Sea