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Old 05-22-2021, 04:06 AM   #33
ApS
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Red face There's Been a Development...Averaging Rates...

Quote:
Originally Posted by Sue Doe-Nym View Post
Is there any possibility of her getting them to lower the loan rate from 8%? Obviously, her credit is a problem, but 8% seems outlandish. Maybe that’s the best she can hope for. Too bad to be trapped in a corner.
The lender has now shown himself to have a heart of gold. He's lowered the rate to 6%!

After two years, the interest changes to 10%.

It looks likes she'll sign on onto this. Somebody from the Lakes Region, please make an offer!
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