Subject: RE: Loan info.
From: "Scheppele, John" <[email-masked]>
To: "Mike" <[email-masked]>
Date: Mon, 16 Mar 2009 15:12:12 -0400

I will call in the next minute to discuss.

________________________________

	From: Mike [mailto:[email-masked]] 
	Sent: Monday, March 16, 2009 12:50 PM
	To: Scheppele, John
	Subject: Loan info.

	John,
	I just received the information from NuUnion.  Her response is
as follows:
	"I just faxed the disclosure over to you.  Your payment would be
$355.04/month with a 4% qtrly. adj. rate.  This would be for the $108K
with a 10 year term and 15 years to pay it off."
	Can you tell me how this might compare with what Fifth Third has
available?  I am a little concerned with the variable quarterly rate she
has proposed.  Is this customary for these kind of loans?  Also, do you
know how that works with the term?  Is that when the total note is due
(15 years)?  I can ask her as well but I thought you would already
understand this as well.  Let me know your thoughts and what we should
do to get things moving again.
	Thank you,
	Michael Bishop
	[email-masked] 

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