Added: 4 years ago
From: armcrash
Views: 3,966
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  • Interesting video. Check out some of our videos on interest only loans and other mortgage options.

  • looks good - until your loan resets, and you can't get serial refinancing, and your house is worth 30-50% less than when you bought it. oops.

    That spells trouble.

  • heh - great point

  • Yeah man.  That's what happend to my friend. He got a interest only mortgage on a 450,000 house in Los Angeles, CA and now the house is sellable at 360,000.

  • Yea! BURN THE F*UKING HOUSE!!! I MEAN THE F*UKING BANKS!!!

  • Good vids!!

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