Did you know that Countrywide came out with a plan to assist borrowers with either subprime mortgage or pay-option adjustable rate home loans? This program may temporarily cut interest rates on some loans to as low as 2.5%! The idea of the program is to modify a loan's terms just enough to create a new monthly payment, including principal, interest, taxes and property insurance. If you know anyone who has that type of loan with Countrywide, be sure to share this information with them.
Have a great weekend!
Below is my Finance Friday newsletter I send out every Friday. I wish I knew how to create it to launch directly on this site. Oh well, I guess converting it to a jpeg will have to do for now.
Underwriter at your hands. I have underwriting approval authority which will provide a smoother transaction and upfront conditions.
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