Posted on: 29th Aug, 2009 01:40 pm
My new home costs $200,000 and my current home is listed at $188,000 although it has not been sold yet. I have been approved by couple of banks for 100% interest only mortgage with a fixed rate of 6.625% for 12 months. I am about to close on a new home in 30 days. Is this a good deal? or should i take a bridge loan.
shailu
Welcoem to the forum
I would say it is avery good deal
You are able t find some one who is financign 100%
Good luck and feel free to ask
Welcoem to the forum
I would say it is avery good deal
You are able t find some one who is financign 100%
Good luck and feel free to ask
so dear its the best deal if u will get 100 % fixed rate loan .....in long run it would be more valueable for you....
thanks...
:D
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