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HELOC

July 30th, 2008 at 06:11 am

Today I got a little letter from a mortgage broker about HELOC. How now is a good time to borrow up to 90% of my equity in the form of a HELOC.

Anyway, it said in various places in the letter that there were absolutely NO FEES.

In fact after one sentence how there was NO FEES, there was a sentence how there were minimal closing fees and an annual fee.

What are we? Idiots?

Puh-leez.

That's my interesting tidbit of the day. Wink

(Yeah, this guy was recommended by a somewhat financially savvy friend - I didn't want the mortgage brokers who screwed over almost everyone I know. The guy seems nice enough but he really wants us to buy rental real estate. Good Lord. But yeah, the letter about no fees, when clearly there are lots of fees, is not a warm fuzzy for me).

P.S. My wallpaper at work is a gorgeous picture of Bryce Canyon, that my father shot. I had never been there or seen anything quite like that. I do notice now that I stare at it every day it's not so fascinating. LOL. But I usually cycle between pictures from my dad and pictures of the kids. Which says, my kids are #1! But sometimes my dad sends me an awesome picture. Wink

1 Responses to “HELOC”

  1. aevans1206 Says:

    I am so sick of that crap! Isn't anyone straightforward anymore? It begins to feel like who can we trust.

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