Wednesday, January 20, 2010

High interest rate for land

Quicken loans does mortgages for 4.99% im paying 8% for my land. I think me and rev mike are getting ripped off big time.

2 comments:

  1. 8% is actually a pretty good rate for raw land, especially in Montello. That being said, if Quicken will do a loan for you at 4.99%, I'd jump all over it!

    ReplyDelete
  2. Better your credit rating the cheaper it is...I bought my land in Montello with no Interest and $99.00 a month....

    ReplyDelete