No Cost Line Of Credit | Mortgage Blog

Choice Finance

Posts Tagged ‘no cost line of credit’

3.99% HELOC | Prime minus – 1.01% home equity loan

Tuesday, May 6th, 2008

Absolutely No closing costs line of credit, APR 3.99%
This is a 3 month introductory rate at Prime minus 1.01% and then goes to Prime minus .25%. The Prime interest rate is currently 5.000%. You are able to make interest only payments on this loan… A borrowed amount of $50,000 would have a minimum payment of only $198. If you bought a $50,000 car and got a great car loan at 6.0% for 5 years, your payment would be $966.64.

To see how much you qualify for please contact us. With such a low cost of money it is worth considering this home equity loan instead of pulling money out of your savings where you can potentially earn more right now. Looking to buy a home? Ask us about our purchase program for a (no down payment, no closing costs, no $ needed at settlement) no money loan in MD, DC, and VA.

Mitch Jacobs, Choice Finance Corporation Mitch Jacobs, Choice Finance®

Tags: maryland home equity loan, no closing cost heloc, no cost line of credit, virginia home equity loan
Posted in 1) Questions for Loan Officer, 2) General | 2 Comments »

Recent Comments
- $8,000 First time buyer credit | Maryland Virginia (1)
  - Mortgage Blog: tax credit gives up to $8000 for first time buyers (defined as not having owned a home for the past...
- What is mortgage insurance? (PMI) (4)
  - Mortgage Blog: Insurance, tax write off through 2010 A provision that allows homeowners to treat mortgage insurance...
- Who is the Federal Reserve? | Who owns the Federal Reserve? (23)
  - loan officer: More on the FED (click here)
- New appraisal rules STINK | hurts borrowers (9)
  - Mortgage Blog: problems all started with the Home Valuation Code of Conduct, which was implemented May 1 by Fannie...
  - loan officer: GREAT video on HVCC and how it is not only hurting borrowers, but how the big Appraisal companies being...
  - BrentMendelson: 35offsuit, I would LOVE to know what you do for a living or how you claim to know what massive fraud...
  - 35offsuit: This is a bunch of whining from loan officers and appraisers who have engaged in a fraudulent symbiotic...
  - loan officer: Please take the time to contact the following: NY Attorney General Andrew Cuomo’s Office: (212)...
  - AJ The Appraiser: www.hvccpetition.com sign it
  - loan officer: Make phone calls, more importantly, WRITE your congressmen: SENATORS Benjamin L. Cardin (D) Phone...
  - lo: Link to petition HVCC, http://www.petitiononline.com/ hvcc/petition.html
  - Brent Mendelson: Sorry to hear your story but again not one bit surprised. Remember I hear that Senator Chris Dodd...
- New appraisal rules BAD for the borrower (102)
  - Mortgage Blog: problem is the current crop of appraisers being used has included some who are inexperienced in or...
  - Dave Ganapoler: poorest conditioned homes in my neighborhood. Thirdly, none of the remodeled comps had all new...
  - c bowen: The way appraisers are doing there job anymore we might as well do away with them and just use a technology...
- FHA mortgage, does HUD owe you a refund? | FHA insurance (2)
  - kevin smith: i refinanced in april 2009 i went from a fha to conventional loan and i am waiting for my refund for the...
- Home Affordable & Relief Refinance programs (2)
  - 2nd lien holders | Mortgage Blog: Home Affordable | 2nd lien holders The Treasury Department has announced an...
  - Travers: amazing stuff thanx When will real estate prices bottom out?
- Mortgage financing 2009 | md dc va (1)
  - maryland, virginia, d.c. | Mortgage Blog: all mortgage insurance companies are now refusing to insure any condo loans...
- HVCC rules, How have they affected you? (2)
  - hurts borrowers | Mortgage Blog: rules STINK | hurts borrowers There’s a new sheriff in appraisal town and the...
Recent Posts
Post a Blog!
Choice Finance®
Register
Twitter
- Financing a manufactured home www.realestatewebmasters.com/blogs/alex621/8832/show" class="twitter-link">http://www.realestatewebmasters.com/blogs/alex621/8832/show/ 2009/11/06
- Qualifying for a loan when you are on Fellowship http://bit.ly/4r0GgQ 2009/11/06
- Tax credit details http://bit.ly/hOrUb 2009/11/06
- Friday's rates are HOT, http://bit.ly/1MjFT9 2009/11/06
- The legislation also includes a tax credit not exceeding $6,500 for move up buyers who have owned their current homes for at least 5 years. 2009/11/06
- Borrower income limits have also been increased to $125,000 for individuals and $225,000 for couples. 2009/11/06
- Homebuyers will qualify for the tax credit until April 30, 2009, and have an additional 2 months (until 6.30.09) to close the transaction 2009/11/06
- The legislation will be sent to the President, and upon his signature, made law 2009/11/06
- The House just passed the $8,000 first-time homebuyer tax credit 2009/11/06
- Happy Friday! Look for improved rates today.. 2009/11/06

Mortgage Blog is proudly powered by WordPress
Entries (RSS) and Comments (RSS).