I too had my experience with a WAMU mortgage attempt(for ~150K). I could down over 50%, I was making $45k/yr, and yet they regected my app and wouldn't give me a regection letter.
BofA has a close relationship with the SanFrancisco treasury-basically holding all public assets without paying a dime in interest. They've done some supportive financing in the past with the city though. They were one of the founders of the $1.50+ for ATM usage charge and teller fees.
Pay a bank to hold on to and use my money? No way.
A friend said their good for mortgage rates, as long it's all automatic/electronic and you don't have to speak to a person, but he was into "creative financing".
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Meanwhile other things are still happening.
Last edited by john70t; 05-13-2006 at 05:22 AM..
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