Super Jumbo Loans California Did The 'sweetheart' Home Loans Libs Got Have Any Influence In Their Vote To Give Mortgage Lenders Your Money?

Did the 'sweetheart' home loans libs got have any influence in their vote to give mortgage lenders your money? - super jumbo loans california

Today, the Washington Post reported that Obama has received treatment Sweetheart mortgage on his house in Chicago:

Obama got a mortgage rate of discount of $ 1.32 million Georgian mansion in Chicago. "Shortly after joining the U.S. Senate and while enjoying the growth of income, bought Barack Obama launches a Georgian mansion restored $ 1.65 million high in a suburb of Chicago. In order to finance the purchase, receive a loan of EUR 1 , 32 million U.S. dollars at Northern Trust in Illinois. The Democratic senator received a discount. It closed at an interest rate of 5.625 percent over 30 years below the average fixed rate mortgage loans in Chicago at the time. "(Joe Stephens," Obama came Discount Home Loan, "The Washington Post, 7 / 2 / 08)

* "The loan was unusually high, known in the banking sector Lingo A super-super-jumbo." Obama has not calculated the departure or time of delivery, because consumers often reduce their interest rates. "(Joe Stephens," Obama came Discount Home Loan, "The Washington Post, 7/2/08)

Obama can have a discount rateI saved about $ 300 per month. "Came in comparison with the average conditions at that time in Chicago, Obama's rate could have saved more than $ 300 a month, will be offered." (Stephens, Joe, "Obama Discount Home Loan," The Washington Post, 7/2/08)

The Obama secured his supply of home loans despite the fact that he had "no prior relationship with Northern Trust when they apply for a loan." "The Obama has no connection with Northern Trust when they apply to be ready. They received an oral commitment, February 4, 2005, and suspended at a height of 5.625 percent, said the campaign. At that time, the data show that Prince, the average rate in Chicago for 30 years fixed rate loan Jumbo no points was about 5.94 percent. "(Joe Stephens," Obama came Discount Home Loan, "The Washington Post, 7 / 2 / 08)