vote
2
Faved by: mike
14 days ago - via startups.com
1 FaverShareViewed: 1 Time
vote
2
Faved by: mohit
14 days ago - via www.techflash.com

Quoted: Another day, another report of a possible Google acquisition with potential implications for Microsoft.

1 FaverShareViewed: 2 Times
vote
1
Faved by: mike
26 days ago - via www.divergent.com

Local venture firm - Rob Shurtleff, Kevin Ober, Pradeep Singh, and Kevin Ober.

1 FaverShare
vote
2
Faved by: mike
26 days ago - via gonzocamp.com

I'm working on a new site, PagesLike.com, that Roy and I started at last year's Gonzo Camp.

1 FaverShareViewed: 1 Time
vote
3
Faved by: mike
Nov 25 2009 - via www.techflash.com

Don't everybody all get me the same thing!

1 FaverShareViewed: 1 Time
vote
1
Faved by: mike
Nov 23 2009 - via oneforty.com

oneforty seems to be "THE" app directory for Twitter related applications.

Quoted: oneforty - reviews and information on the best Twitter apps

1 FaverShareViewed: 1 Time
vote
2
Faved by: mike
Nov 23 2009 - via www.techstars.org

List of the TechStars companies.

1 FaverShareViewed: 2 Times
vote
1
Faved by: Sloane
Nov 19 2009 - via dashes.com

These Things Are Related - Anil Dash

Conversation about passion in startups. If there is any anymore. What's missing.

1 FaverShare
vote
1
Faved by: Sloane
Nov 18 2009 - via www.brianoberkirch.com

Brian's post about location. And if it matters.

1 FaverShare
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1
Faved by: Sloane
Nov 18 2009 - via www.brianoberkirch.com

BrianOberkirch.com – Striders, Box Scores, Blood Blisters

Great blog post about building web apps. And sports. Home run.

1 FaverShare

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seattle

  • Rich
    Jul 09 2007

    This is a very interesting loan product from BECU and has the potential of being one of the best 1st time mortgages for buyers that qualify.

    It is called the "Helper" (HLPR) loan. Basically, it's aimed at 1st time buyers buying their first home, but it should also be useful for people who have already sold their homes and are looking for another.

    There are income restrictions, credit restrictions and other guidelines, but this particular HLPR product (there are several others, see BECU's site) purports to have an ARM rate that is about 1% lower than the "going" rate. Based on my experience, their fees are also lower than most of the major banks.

    This type of loan is great for someone that is looking at short-term ownership of a property. I spoke with several industry pros and they all believe that BECU is probably not making any money - perhaps even losing money - on this loan, but may be using it to bring borrowers into other BECU products that may be profitable.

    BECU has had a reputation of being difficult to work with in the past and very slow to respond. It seems that now, though, they've cleaned up their act. They've got 24-hour mortgage reps and a lot of the process has been stream-lined and placed online. This loan is not for everyone, though, and it may not apply to every purchase. In particular, borrowers may have difficulty obtaining loans on new or conversion condos that are not FNMA approved. I spoke with several BECU reps and their answers were all over the board about this.

    More info on the site.

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