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Re: takethemoneyrun post# 836

Friday, 07/15/2016 12:45:21 PM

Friday, July 15, 2016 12:45:21 PM

Post# of 11429
It would matter to me....

If my wife went out and got a $100,000 at a low interest rate I would want to know the terms, conditions and covenants of the loan, I'd want to know if she paid a fee....buying down the rate. And naturally I'd want to know if she used the equity in our house as collateral....

I think those are smart questions to ask, but others might not care.

Maybe there are people who'd just say, "We got $100,000 loaned to us by a bank at 3% interest"?!?! FANTASTIC....good job sweetie.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.