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ING Easy Orange Mortgage

Posted on 8/30/10 at 8:20 pm
Posted by mtcheral
BR
Member since Oct 2008
1934 posts
Posted on 8/30/10 at 8:20 pm
This look like a good thing? I still don't really understand it looking at the info on their site but it seems good if you know you'll be in your house less than 10 years.

https://home.ingdirect.com/products/products.asp?s=EasyOrange
Posted by jmtigers
1826.71 miles from USC
Member since Sep 2003
4970 posts
Posted on 8/31/10 at 7:41 am to
I looked at that pretty hard when i bought last year. But, back then it was 30% down. That looks to be 20% now. The 10 year rate is 4%. I'm not sure that is worth it since you could probably get a traditional 30 year rate pretty close to that.
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