“SolarSaber, our package, is one of the ways to be able to do that, to be able to offer low interest loans through ECA and through them accessing, for example, a rates assistance scheme”
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Said on The SME Stream
The Financial Independence Show · Retired at 37: The Quiet Millionaire | Lucy Hinds
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put a larger down payment on a VA loan to get a lower interest rate despite being able to do zero-down
1% funding fee
“SolarSaber, our package, is one of the ways to be able to do that, to be able to offer low interest loans through ECA and through them accessing, for example, a rates assistance scheme”
“If the rates are up 50%, we'll go interest only for five years. And basically hope in five years when the loan expires, rates will be back”
“You get 100 basis point decline in mortgage rates, you're almost down 10% in monthly payment.”
“I just got an unconditional approval for a loan and signed loan docs on Saturday. It's a $6.5 million loan and it was split into two portions, one at 6.14% interest only investment and one at 6.34%. So we guarantee our rates at 6.1%.”
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