XPost: ca.general, ca.politics, alt.california
XPost: alt.abortion, alt.drugs.abuse
On Mon, 6 Jan 2020 15:17:27 -0800, Regulation Of Commerce <
RegulationReform@USA.com> in alt.abortion with message-id <qv0f61$ri5$
25@dont-email.me> wrote:
250 Year Fixed, No Doc, 100% Loan-To-Value, Conforming Loans are needed.
A 250 year fixed payment is equal to an Interest-Only payment.
We can still have teaser rates for the first 5-10 years, to build equity and then
refinance.
The 5/1's are still a time bomb waiting to happen, as soon as the housing market
falls again.
Mortgages with adjustable payments are a time bomb waiting to happen, as soon as
the housing market falls again.
The payment must stay the same for the life of the loan, though the rate can change.
The 250 Year Fixed, 100% Loan-To-Value, Conforming Loans are needed, No Doc for
primary loan, doesn't have to be a residence, one could rent as a vacation property.
No two years of employment proven. Buy at will, to live in or rent as vacation
property.
Nonsense. Few structures last 250 years and only a fool would invest
money in such a scheme, especially under these conditions.
--
Some of the Republican positions I find disgusting and abhorrent.
Most of the Democratic positions I find terrifying.
I totally support the Freedom of Choice.
I oppose any public mention, display, or support of religion.
I am not conservative so much as I despise insane liberals.
National Socialist American Worker's Party
formally known as the Democratic Party.
Every illegal alien is a criminal.
Don't build a wall, build a kill zone.
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)