Subject: RE: Loan info.
From: "Scheppele, John" <[email-masked]>
To: "Mike" <[email-masked]>
Date: Tue, 17 Mar 2009 08:25:44 -0400

Mike             
 
We need to take some steps forward on this.  My Underwriter is very
concerned with how long this has been taking.  We need to talk today and
take some direction as to how to proceed.  I am available this morning.
Please let me know when you are available.
 
John

________________________________

	From: Mike [mailto:[email-masked]] 
	Sent: Monday, March 16, 2009 5:10 PM
	To: Scheppele, John
	Subject: Re: Loan info.

	John,
	Sorry I wasn't available when you called.  I was in a meeting.
I did leave you a voicemail when I called back a while ago.  Please feel
free to call me back at work.
	Thank you,
	Michael Bishop
	[email-masked] 

		----- Original Message ----- 
		From: Scheppele, John <mailto:[email-masked]>  
		To: Mike <mailto:[email-masked]>  
		Sent: Monday, March 16, 2009 3:12 PM
		Subject: RE: Loan info.

		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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