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re: Home Loan Under 50K?

Posted on 5/15/11 at 10:21 am to
Posted by ds1tiger
Closer than you think
Member since Apr 2006
359 posts
Posted on 5/15/11 at 10:21 am to
There is very little revenue in a loan that size from a banks perspective. To commit a rate in the 4s for 15-30 years just doesn't produce.

I doubt a mortgage broker will help you either. Due to the newly enforced compensation rules, there is no money in a loan that size.
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7223 posts
Posted on 5/15/11 at 10:29 am to
So how does it work if someone buys a 50k trailor?
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