Monday, July 28, 2008

Gone are the days of 40 year AM's and 0 down

So a couple weeks ago I had sent out an email saying that we have a deadline of October 15th to do 0 down mortgages and 40 year amortizations.

Well it seems as though that deadline was not a real deadline for most of the lenders. As of right now all lenders, except for a very small handful, have cut the program all together.

We have verification that one lender for sure will use the October 15th deadline and that's it.If you know of anyone wanting to get in with this, let me know immediately and we will have them pre-approved for a purchase by the deadline.

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