Article View: misc.consumers.house
Article #5798first lien home equity line of credit
From: L Mehl
Date: Fri, 11 Apr 2003 18:13
Date: Fri, 11 Apr 2003 18:13
14 lines
1965 bytes
1965 bytes
Hello -- Washington Mutual in northern California offers this product, which is essentially a first mortgage combined with a home equity line of credit. Rate is based on Wall Street Journal Prime rate with a margin of -.50 to +1.10. Do readers have any comments or experience with this type of loan? I will appreciate any thoughts. Larry Mehl mehl@cyvest.com
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