Hat tip to L, who forwarded us this unbelievable offer he received: Good morning all, First let me wish you a Very Happy Thanksgiving. I am very excited about a program that is now available for both purchase and refinance. It is a 30 year fixed loan with a pick a payment option. Unlike most option ARMs, this loan is fixed and fixed for 30 years. It does not adjust monthly with the applicable index. The base rate varies based on the borrower’s credit from 1.95 to 2.25%. The borrower can also set a higher base rate which can…
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