ckooo007 asked:


Ok … I literally don’t have a great Knowledge in this Subject but I do want to find out regarding this Letter I receieved from one of the Agents …. incase its a light in the darkness for me.

I have received a letter which mentions these things …WHAT DOES THIS MEAN ????

you may refinance and possibly lock in a interest rate and get a good amount of cash from your home’s estimated available equity through exclusive fast track loan program, available to you as a select, qualified COUNTRYWIDE home loans customer ? On top of this you may also qualify for 1/2 point reduction in in the DISCOUNT POINTs on your NEXT HOME REFINANCE or Purchase Mortgage ..

MY PARENTs own this condo for last 4 years and they received this letter …….. is this for REAL ???
DO I HAVE ANY benifits out of this ????

Country Wide is being bought by Bank of America … so I don’t even know if all these is for real ….

Any experts can let me know ….. ???? what does that Sentence mean ??

ANDREA

Bobby 468 asked:


My friend has a home loan of $80,000 at 6.5% interest.
I believe the current loan rate is about 5.75%.
Should she be thinking about refinancing the 80k.
She doesn’t want an adjustable rate mortgage.
Thanks for your response.

CORNELIUS