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Old 06-09-2004, 11:31 PM  
FlyingIguana
aspiring banker
 
Join Date: Mar 2002
Location: toronto
Posts: 10,870
Quote:
Originally posted by clickhappy
I talked to a mortgage guy and he said that my credit is so good I could get a mortgage with no money down, no docs, and no pmi but the rate would be 7.2.

Is that dumb to do that? I know theres a lot of real estate investors who would know immediately if a nothing down deal with a higher rate is a good idea or a bad idea
is it a fixed rate? if its variable tell him to blow you
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