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> All of your advice was sound and I've basically followed your
> advice.
>
> I'm getting a new mortgage on new house for $80,000 for 30 years at
> fixed interest of 6.250% and paying 1% points or 800.00. Payments of
> $492.58. All locked in for 60 days.
RESPONSE: Not to be a stickler, but he recommended a 1/1 or 3/1
interest only ARM.
http://groups.google.com/group/alt.org.natl-assn-mortgage-brokers/browse_frm/thread/cbe65dd57a17263c
Why did you created another thread to thank your "friend"; it is
apparent that you are one in the same. Nice marketing strategy.
Regards,
Scott Miller
National Commercial and Residential Lender/Broker
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Re: Hi Jeff Thanks for your help
