An example...
Purchase price $1,089,000
10% DOWN
1st loan $729,750
30 year fixed rate at 6.125%
2nd loan $250,000
Equity line Prime + .5%
YES...ONLY 10% DOWN!
Need 700 FICO, and only 30 year fixed rate on the 1st.
I am happy to recommend a few lenders that will work with you through this process. They are people I trust will give you an honest assessment of market rates so you can make a more informed decision about your purchase.
Have a wonderful weekend...we're almost there!
Very sincerely,
Jillian
Jillian Visser
Sotheby's International Realty - Brentwood
11911 San Vicente Boulevard, Suite 200 Los Angeles, CA 90049
c 310.500.8300 d 310.481.4389
jillian.visser@sothebysrealty.com
Thursday, May 15, 2008
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