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06.02.08, 17:08 PM General Topics
5 replies
Mortgage/Real Estate Moms- Putting 40% down, but still need a 600K mortgage. Damn Jumbo Loan rates right now. Any suggestions? 417K conforming loan and maybe a piggy backing HELOC better than a 600K jumbo loan that is 1.2% higher than conforming loan rates? [ Reply | Watch | Flag ]
General Topics 06.02.08, 05:08 PM Flag
 

Dear UrbanBaby community,

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Yeah, esp if there's no penalty on prepaying the HELOC. [ Reply | More ]
General Topics 06.02.08, 05:11 PM Flag
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What are the rates these days anyway? [ Reply | More ]
General Topics 06.02.08, 05:11 PM Flag
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prime [ Reply | More ]
General Topics 06.02.08, 05:34 PM Flag
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just bought a house and that's exactly what we did - conforming loan plus home equity loan. 1st mortgage is fixed; home equity is adjustable, but by paying a little more each month we can actually pay it down -- hopefully before the rates go up. [ Reply | More ]
General Topics 06.02.08, 05:11 PM Flag
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Thanks. [ Reply | More ]
General Topics 06.02.08, 05:13 PM Flag
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