SUXBNME 1,499 Posted February 20, 2007 I am currently attempting to clean my double wide in hopes of a higher appraisal tomorrow. Have to re-fi due to the fock nuts at Word Savings selling their sorry asses to Wachovia. Nothing like having your adjustable go from 6.14% to 8.23% in 2 months Anyone want to rent a room? Share this post Link to post Share on other sites
TheNewGirl 1,489 Posted February 20, 2007 It's a tip that fixed rate. Share this post Link to post Share on other sites
paulinstl 296 Posted February 20, 2007 A 2% adjustment is pretty standard on subprime ARM loans. How's the credit rating? Share this post Link to post Share on other sites
SUXBNME 1,499 Posted February 20, 2007 A 2% adjustment is pretty standard on subprime ARM loans. How's the credit rating? 750 on the middle one Share this post Link to post Share on other sites
Let Da Big Dog Eat 40 Posted February 20, 2007 Don't BS me. Your cat told me it was a single wide. Who do you expect me to believe, you or your cat. Game, Set, Match! Share this post Link to post Share on other sites
SUXBNME 1,499 Posted February 20, 2007 It's a tip that fixed rate. Yea..That's what I'm doing / going to do now. It kinda sux having to make a $2000.00 mortgage on a single income, though Share this post Link to post Share on other sites
paulinstl 296 Posted February 20, 2007 750 on the middle one That score should qualify you for an "A" loan if you have income to back it up. Your original 6.14% ARM seems kind of high. I suspect that your credit is better now than it was when you signed off on the original ARM. A 30 year fixed "A" paper loan right now is under 6% for a "par" rate. Either way, refi now to get out of that 8% rate which adjusts every 6 months, especially now since you no longer have to worry about a prepay penalty. Shot me an email if you want some help! Share this post Link to post Share on other sites
Strike 5,532 Posted February 20, 2007 Yea..That's what I'm doing / going to do now. It kinda sux having to make a $2000.00 mortgage on a single income, though Thought you had a roommate? Share this post Link to post Share on other sites
TommyGavin 790 Posted February 20, 2007 cant downsize - you ALREADY drink coors lite. sorry bro Share this post Link to post Share on other sites
Ravens 03 0 Posted February 20, 2007 Have to re-fi due to the fock nuts at Word Savings selling their sorry asses to Wachovia. Nothing like having your adjustable go from 6.14% to 8.23% in 2 months What does you ARM jumping up have to do with the acquisition of one bank by another? Share this post Link to post Share on other sites
CurlyNight's Ghost 0 Posted February 20, 2007 You better throw out all those cans of Coors Light!@#@! Your property value will go down!@#@! Share this post Link to post Share on other sites
SUXBNME 1,499 Posted February 20, 2007 That score should qualify you for an "A" loan if you have income to back it up. Your original 6.14% ARM seems kind of high. I suspect that your credit is better now than it was when you signed off on the original ARM. A 30 year fixed "A" paper loan right now is under 6% for a "par" rate. Either way, refi now to get out of that 8% rate which adjusts every 6 months, especially now since you no longer have to worry about a prepay penalty. Shot me an email if you want some help! The score does qualify me for an A loan, but my income is the prob. I only average around 50-55k per year. Mebbe some dumb girl will marry me Yes, Strike, I do have a roomate. His rent is $450.00. I should raise that sh1t, huh? What does you ARM jumping up have to do with the acquisition of one bank by another? Dunno, dood Happened to one of my best friends also. (same banks) I'm kinda lost in all of this. Luckily I have a real nice financial girl that helps my feeble mind wade through all this sh1t. (hottie, too) Share this post Link to post Share on other sites
bostonlager 2,664 Posted February 20, 2007 cant downsize - you ALREADY drink coors lite. sorry bro Share this post Link to post Share on other sites
spottedowl 1 Posted February 20, 2007 Apparently the internet doesn't allow me to post here. Share this post Link to post Share on other sites
Guest Davaco Posted February 20, 2007 Yea..That's what I'm doing / going to do now. It kinda sux having to make a $2000.00 mortgage on a single income, though that sux i guess brake jobs will be going up. Share this post Link to post Share on other sites
paulinstl 296 Posted February 20, 2007 The score does qualify me for an A loan, but my income is the prob. I only average around 50-55k per year. Mebbe some dumb girl will marry me Yes, Strike, I do have a roomate. His rent is $450.00. I should raise that sh1t, huh? Dunno, dood Happened to one of my best friends also. (same banks) I'm kinda lost in all of this. Luckily I have a real nice financial girl that helps my feeble mind wade through all this sh1t. (hottie, too) 1. You can do a "stated income" or "no income verification" loan. Of course the rate will be higher, but not as much your current rate reflects. With that credit score, you ought to be able to get it under 7% easily. 2. World Bank going under Wachovia has nothing to with your rate adjustment. Your term was up, and after you getting a discounted rate for the term of your ARM, they adjusted up. All ARMS do this. You'll never see a downword adjustment. Share this post Link to post Share on other sites
Guest Davaco Posted February 20, 2007 you could have BEG fellate the appraiser Share this post Link to post Share on other sites
