Mortgages getting creative again...

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Mortgages getting creative again...

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SweetTooth I'm a tired mommy! Member since 12/05 20105 total posts Name: Lauren	Mortgages getting creative again... Its just a matter of time before they figure out how to target the subprime market again... article
	Posted 5/21/07 1:30 PM
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greenfreak . Member since 9/06 11483 total posts Name: greenfreak	Re: Mortgages getting creative again... Holy crap. The BOA mortgage is even better than the one we got prequalified for through LIHP. That one didn't have any incentives on closing costs. We're still a few months away, but I'm definitely looking into that BOA mortgage if it's still around... Or seeing if LIHP has something better!
	Posted 5/21/07 8:18 PM
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Jackie24 ~We Did it~ Member since 7/06 6718 total posts Name: Jackie	Re: Mortgages getting creative again... Posted by greenfreak Holy crap. The BOA mortgage is even better than the one we got prequalified for through LIHP. That one didn't have any incentives on closing costs. We're still a few months away, but I'm definitely looking into that BOA mortgage if it's still around... Or seeing if LIHP has something better! whats a BOA mortgage?
	Posted 5/21/07 8:30 PM
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greenfreak . Member since 9/06 11483 total posts Name: greenfreak	Re: Mortgages getting creative again... BOA is Bank of America. The article has all the details on what the lenders are doing to entice people. Really interesting stuff! Exciting for those of us looking to buy soon!
	Posted 5/21/07 8:34 PM
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charon54 My two boys! Member since 5/05 7279 total posts Name: Rebecca	Re: Mortgages getting creative again... DH says new Wamu Mortgage Plus program is awesome because you can switch from fixed to ARM and back again, so you can always take advantage of lower rates. And the only closing costs are the mortgage tax. They also have ones with no PMI, wish they had that when we bought.
	Posted 5/21/07 9:09 PM
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