We are talking LESS than fifty bucks here.

my small bank will let me to also refi a property the day after i purchase it, but i usually wait a week or 2 until after the rehab so i can get that money back too....it's between 6-7.5 percent depending on the principal being loaned amortized over 20 years with a 5 year balloon.

I've talked to serveral HML and they require min 660 FICO and 20 Percent down.

-He has won the lifetime achievement award...twice.

Okay, I mentions three per cent, and 1.75 was mentioned, let's lower that to one point!

But let's consider this, California has a nearly 10% State Income Tax Rate and Texas has a zero percent state income tax rate.

Two percent of the purchase prices is a good starting estimate, plus 1% of the loan amount if you're getting a loan.

The SAFE Act has caused several old statutes to be amended, including the TIL, which discloses how ARMS will be disclosed.Also, I didn't mention, that an ARM will need to be disclosed by it's estimated APR, and following that requirement leads you to the requirement that the APR is to be computed within one tenth of one per cent for the required term.

You need to show how the hardship pushed you outside of your ability to make the payment.Banks often think of mortgage payments in terms of percent of gross income, so you might consider using this.

When I'm not using the money it's life time CV (Projected) dividen is around 4-5% when averaged out.