Michael Bluejay (the
author of the website) is offering loans to
homebuyers in Austin, Texas. Here are
the terms:
Your credit does not
matter, but your ability to pay
does.
No down payment is
required, though you can make a down payment if
you like, in order to lower your monthly
payments.
Your monthly payment
will be about 1.15% of the purchase price,
including closing costs, taxes, insurance. (e.g., on a
$100,000 home, the payments would be about
$100,000 x 0.0115 = $1150/mo.).
The interest rate is
10%, and I do not require private mortgage
insurance. We'll roll most of the closing costs into the mortgage, so they'll be part of your monthly payment, and you won't have to come up with a bunch of closing cost money at the time of the sale.
If you already have a high-interest mortgage and would like to refinance at 10% for 30 years, I can do that too.
These loans are
available for homes in Austin, Texas
only.
If you're able to get a bank loan you should do so, because the interest rate will be lower. My program is intended for people who cannot get a loan from a bank.
Note that you're not married to the higher interest rate forever. If you start fixing your credit with my credit repair instructions, you should have good enough credit to move your loan to a bank in two years -- and get a lower interest rate.
Contact me
at (512)
322-0638 or use the form below.
No
questions accepted
(and
no link exchanges, either)
I welcome corrections to this
site. Much of the value of this site is the
result of reader input, which I greatly
appreciate.
But if you have a question about
your own house-buying situation, please realize
that this website is my gift to you.
Private consultation is
not. With the volume of email I receive it's
just not possible for me to function as a help
line. When I have tried to refer readers to their
lender or their realtor to have their questions
answered they've often responded with something
like, "Some help you are!" Why people think
I exist to serve them is beyond me, but it's also
hurtful, after I spent many, many hours putting
this site together to share my knowledge for
free.
Please realize that in most cases
your lender or your realtor will really be better
sources of information than I will. Unlike me,
they work with real estate issues day in and day
out, and more importantly, they're more familiar
with you and your specific situation. (i.e, Put
your questions to them, not to me.)
I used to offer help in exchange
for being paid for a modest fee of $40, but
that just resulted in readers writing in to angrily
accuse me of making the website and having the No
Questions policy simply as a front to sell my
consulting services. That was definitely not the
case. If it were, I would have advertised that
service all over the site rather than just
on the "Don't email me" page. (Also, no one ever
took advantage of it -- people apparently want my
help only if it's free.) Anyway, since so many
readers questioned my motives for offering paid
assistance, I no longer do so. I'm not available
for help now, even if you pay me.
So if you're NOT writing to ask
for advice or information (and not writing to
ask for a link
exchange),then please send your message
to .
Amazingly, despite the huge disclaimer above
some people send their questions anyway. I
guess some people are just eager to prove how
stupid they are. I'm sorry about the strong wording
but without it I get even more questions.
And I can't tell you how many times
I've gotten a message like this one I just
received, which I excerpt verbatim:
"TAKE DOWN YOUR FUCKIN SITE
IF YOU DON'T WANT TO ANSWER QUESTIONS!" So I'm not
allowed to share information via a website unless I
also agree to function as a free helpdesk?
Wow.
If you send compliments about the
site then please understand that I may reprint
them on the site.
Thank you for reading
this page.
If you liked this site then you might like some of my other sites:
