Subject: Re: Questions
From: "Mike" <[email-masked]>
To: "McPike, Liberty" <[email-masked]>
Date: Thu, 12 Feb 2009 11:44:32 -0500

Liberty,
This sounds like a more viable option for us.  How does this work and what is the turn around time in which we can get this in place?
Thank you,
Michael Bishop
Labor Law Poster Service
Phone 877-321-4144
Fax 888-442-4144
[email-masked] 
  ----- Original Message ----- 
  From: McPike, Liberty 
  To: Mike 
  Sent: Thursday, February 12, 2009 11:29 AM
  Subject: RE: Questions

  I spoke with my manager about your e-mail you sent me this morning.  She said that what we would have close to what you are looking for is a Home Equity LOC (Visa Platinum).  It has a 10 year interest only term, 10 year draw period, and 4% rate (currently) that can adjust quarterly.  You would have to make a draw of at least $5,000.00 (which you will be doing by paying off Citimortgage).

  I have a disclosure I can send you or fax to you if you like so you can look it over and let me know if you have any more questions.

------------------------------------------------------------------------------

  From: Mike [mailto:[email-masked]] 
  Sent: Thursday, February 12, 2009 9:24 AM
  To: McPike, Liberty
  Subject: Questions

  There are a couple of questions on the email.  For some reason it looks like they are showing up on the bottom of the reply.  That is strange because usually as you reply, it adds each message to the top of the email.  

  Anyway, I copied the questions and they are as follows:

  I have been given some options with Fifth Third and I want to see if any of that translates to terms available with NuUnion. 

  Is it possible to go with an interest only loan at a lower rate or maybe it could start out as an interest only and then go fixed as the rates possibly improve?  Or might there be an option of doing the same amount but pushing the term to 240 or 300 months. 

  Both of these scenarios have been offered to me but I would prefer to keep everything at NuUnion if possible.  Please let me know what additional possibilities may be available for me asap.

  Thank you,
  Michael Bishop
  Labor Law Poster Service
  Phone 877-321-4144
  Fax 888-442-4144
  [email-masked] 

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