Poll Opened Responses

Poll #2: Your advice. What would you recommend?

If you had a client come to you today and ask your opinion, what would you suggest to him/her? You have a client that has a lot of equity in their property. It's in a slower market, but no matter what they do, they will get a lot of cash -- they purchased it over 10 years ago. The borrower has ok credit, but tends to worry a lot about their finances. They have no credit card debt and have widdled their mortgage down to less than 20% of their homes value.

Feb 8, 2008 10 so far

Poll#1: Your advice. What would you recommend?

If you had a client come to you today and ask your opinion, what would you suggest to him/her? Let's assume the borrower wants to always live in their home but has refinanced a few times recently. Their current rate is 6.25APR. They have very little equity and lots of credit card debt with average credit scores.

Feb 8, 2008 10 so far

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