- Interest Only
- Adustable Rate Mortgage
- Negative Amortization
- No Doc ( aka 'Liar Loan' )
- 50 Year
- Bad Credit
- Bank gets 50% of future price appreciation ( not inflation adjusted)
Wednesday, August 24, 2005
A Proposed Exotic Loan
The lenders maybe running out of ideas to get people into homes. Here is my new exotic loan plan:
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Whats the old line about a sucker being born every minute...
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