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arm

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hchung Joined: 22 Jul 2011 Posts: 1 1.29 Dollars($)	Posted: Fri Jul 22, 2011 9:37 pm    Post subject: arm Like 0 Dislike 0 i am thinking 7/1 arm right now, but not sure if this is a good idea.
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Sat Jul 23, 2011 3:23 pm    Post subject: Like 0 Dislike 0 Without any of us knowing your circumstances, and the rationale behind your thinking, we really can't comment intelligently and try to guide you in either direction. If you're convinced that a 7/1 arm is right for you, then go for it. I'm of the opinion that adjustable rates are no more scary today than they were when they were invented. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044
gmakerley Community Mentor Joined: 09 Nov 2007 Posts: 12376 Location: bloomfield, ct 58.49 Dollars($)	Posted: Sat Jul 23, 2011 3:24 pm    Post subject: Like 0 Dislike 0 I meant to say "adjustable rate loans" are no more scary...forgive my faux pas. _________________ George M. Akerley Mortgage Underwriter/Consultant Word of Excellence- Writing/Editing/Proofreading 860-221-5044
dmitriy Joined: 29 Jul 2011 Posts: 27 6.27 Dollars($)	Posted: Fri Jul 29, 2011 4:55 pm    Post subject: Like 0 Dislike 0 What are your objectives? How long are you planing to keep the residence and how much are you looking to borrow? _________________ Dmitriy Bleynis Regional Sales Manager Residential Mortgage Division STERLING NATIONAL BANK 31 W 27 Street - 7th floor New York City NY 10001 O: 212-575-3423 F: 516-918-5390 NMLS #15291

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