Posts Tagged ‘People’
Are Mortgage Companies allowed to give an Adjustable Rate Mortgage(ARM) to lenders of a certain age?
July 28th, 2010 | 
Author: 
ewushi asked:
I understand that some law prohibits mortgage lenders from giving ARM to people over certain age. I am 54 years old and I am struggling with this rate now. Someone told me I could use this fact to persuade my lenders to reduce my interest rate, or to move me to a fixed rate. Is this true?
I understand that some law prohibits mortgage lenders from giving ARM to people over certain age. I am 54 years old and I am struggling with this rate now. Someone told me I could use this fact to persuade my lenders to reduce my interest rate, or to move me to a fixed rate. Is this true?
Posted in Finance-Articles | 
Tags: adjustable rate mortgage, certain age, Interest Rate, Mortgage Lenders, People | 
3 Comments »