Ads all over the Internet saying get 1/2 a Million Dollar Loan on Your House Freckles: Ads all over the Internet saying get 1/2 a Million Dollar Loan on Your House
And you only have to pay $1000 or $2000 a month
Look so Tempting
Do you think it would matter to them that my House is Apprased at 10,000.00 ?
I sure could use 1/2 Million Dollars
:)
They could keep my $ 10,000.00 house in trade
:)
Re: Ads all over the Internet saying get 1/2 a Million Dollar Loan on Your House alonewith2: Yeah, um, I don't think it works that way, Freck. Sorry.
Re: Ads all over the Internet saying get 1/2 a Million Dollar Loan on Your House doctorjoel: Even if you had a legitmate $500K mortgage, you wouldn't want one of those loans. With them, you are paying less than the minimum interest due on the loan, so they add the unpaid interest to the principal balance, and in a year or so's time you owe thousands more than you originally borrowed. The interest rates keep going up, and then one day the special deal ends and you suddenly have a payment over $4000 that you can't make, and then you lose your house.
