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See contact page for detailsSource. New interest calculation methods have been added for fixed principal loans, principal only loans, and rule of 78 loans. To my shock, they actually sold the house for full asking price in 7 days. If we merge or amalgamate with any other person or entity or if we are acquired by any other person or entity, this shall not in any way prejudice or affect our rights under this agreement. But what they don't tell you is that there are three origination points involved, there are 20% refinance penalties involved, etc.
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It seems that when interest rates go down, housing prices go up, and once the rates go up, housing prices will go down. Maybe the guy who bought at $450,000 only qualified at $400,000 and was stretched beyond his limit. If you're closer to being a best-case buyer, though, you may not need his or her services. Because the fact of the matter is you 19 cannot - these loans are going to go bad at some 20 point.
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