Posted by CaliNotary on 7/29/06 1:12pm
Msg #136020

Did you ever wonder

Ever wonder what the mortgage payment would be on a 10 million dollar loan? I didn't, but I found out this morning. $57,000 per month. Before this the largest loan I had done was 1.7 million.

Apparently investment banking is a lucrative career.

Reply by Glenn Strickler on 7/29/06 1:19pm
Msg #136023

My brain doesn't go up that high ....

Reply by AngelinaAZ on 7/29/06 1:23pm
Msg #136024

Did you check out the 1003...

How much money did he make a year? Did it say?

Reply by Sylvia_FL on 7/29/06 1:39pm
Msg #136027

How many years? What interest rate?

Reply by PAW on 7/29/06 3:47pm
Msg #136039

30 years @ 7.5% would be $69,921.45/mo.

Reply by John_NorCal on 7/29/06 2:00pm
Msg #136029

I don't think I can pronounce that! n/m

Reply by Jeanne/ca on 7/29/06 2:28pm
Msg #136031

Re: I don't think I can pronounce that!

more than 2000 a month gives me hives!57,000..yuck!

Reply by NCLisa on 7/29/06 2:34pm
Msg #136032

What were the terms?

A 30 year fixed at roughly 5.6% would be 57,400 or such. I'd be happy just to make that much in a year!!

Reply by ewing2surf on 7/29/06 3:11pm
Msg #136034

I got a yellow page call for one in Rancho Santa Fe for about the same amount. That's right, the lender overnighted the docs to the borrower with instructions to find a Notary.

Reply by Kimberly_OH on 7/29/06 7:12pm
Msg #136048

I would like to see his TIL...those numbers across the top are always scary...imagine what his/hers looked like.

Reply by Becca_FL on 7/29/06 9:41pm
Msg #136054

Wow, Cali you top my 8mill deal...

Did you see how much the taxes were on the property?

Reply by MichiganAl on 7/29/06 10:20pm
Msg #136056

Cali, I told you to keep my personal loan confidential

Now even more people are going to want to become signing agents.

Reply by BrendaTx on 7/30/06 10:03am
Msg #136071

Re: Cali, I told you to keep my personal loan confidential

**Cali, I told you to keep my personal loan confidential, now even more people are going to want to become signing agents.**

Al, Would you consider adoption? I don't care how young or old you are, I'd be happy to call you "Daddy."

Reply by MichiganAl on 7/30/06 1:19pm
Msg #136104

No, but you can call me daddy anyway. n/m

Reply by BrendaTx on 7/30/06 1:21pm
Msg #136106

Re: No, but you can call me daddy anyway.

Can I call you "Big Daddy?"

Reply by Sarah/CA on 7/30/06 9:51am
Msg #136070

Too bad our fees are not based on the size of the loan. That would be sweeeet!

Reply by SanDiegoCA on 7/30/06 4:26pm
Msg #136170

>Apparently investment banking is a lucrative career.

I HOPE that isn't a big surprise to you!!!!

Reply by Brenda/CA on 7/30/06 6:51pm
Msg #136187

San Diego,
I hope it isn't a big surprise to you that these signings are never going to come from "SOX"!