Posted by Ed Garcia on May 25, 2000 at 24:29:13:
Hi Paul, how are you?
In your post, you don’t say what you need the money for?
The loan that you have described that the broker is getting you,
is a Sub-prime loan. Paul, this broker is going to move slowly.
Because of the size of the loan, he will have to do a section 32.
It would not surprise me if the broker calls you back and tells you that
the only way he can do your loan, is if you borrow more money.
Paul, you’re dealing with a broker who will be using a National Mtg. Co.
Paul, if you’re not to busy tomorrow, call me at (909) 944-0199.
I want you to know that I’m not asking you to call because I’m
soliciting you for your loan, what I want is, to see if you would be a
candidate for a small credit line. One way or the other, you spend the dime,
I’ll take the time. I don’t think it will hurt to get a second opinion.