Posted on October 12, 2011.
What May Be in reasonableinterest has a 30 year commercial mortgage? I "ve Been Offered aninitial interestof 3 year fix 7.5 With A 20% down, Does it sound right?. Can somebody explain how it works please?
Akilah Livers says...
You are getting yourself an ARM.
This is what has gotten this world in a mess of foreclosures.
Although you have fixed for 3 years, it will readjust.Good luck losing everything.
Demand a fixed (fully fixed) loan.They are playing word games with you, do not accept this from them.They are treating you like you are uneducated.
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Posted on October 13, 2011
