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Post# of 798198
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IL Padrino

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IL Padrino

Re: navycmdr post# 454209

Tuesday, 03/27/2018 9:39:49 AM

Tuesday, March 27, 2018 9:39:49 AM

Post# of 798198
Those are only beneficial for people who flip houses. A lot of people got stuck with these when the housing market crashed which only added fuel to the fire.

Unfortunately, some not so smart people get these as their primary mortgages and then are in over their heads when the real rates kick in because they didn't understand the terms of the loan.
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