Deloitte mortgage rates
in Banking, Insurance & Loans ·
I’ve got two separate accounts sitting at Prudential where I’ve tucked away $10000 each. Honestly, the growth has been painfully slow. Based on what’s there, the agreed amount per contract is about $12000—which technically means I could qualify for a loan of $2000. I have no idea why the numbers are set so low. Someone else I know could easily pull a $0.00 credit line. But since my current setup isn't built that way, my advisor is pushing me toward signing new contracts, converting everything from dollars to euros within the savings plan, and then applying for the loan. They also mentioned some kind of bridge financing with a fixed rate of 2.99%.
I'm stuck. Do I try to get a loan in dollars, sign those new contracts they're peddling, or is there a way to bypass the whole thing? Or, I could just take my cash and walk away to grab a $46667 mortgage from a major bank like Chase. It sucks because I spent five years building up these two accounts, and I really wanted to see some actual benefit from all that waiting.
I'm stuck. Do I try to get a loan in dollars, sign those new contracts they're peddling, or is there a way to bypass the whole thing? Or, I could just take my cash and walk away to grab a $46667 mortgage from a major bank like Chase. It sucks because I spent five years building up these two accounts, and I really wanted to see some actual benefit from all that waiting.