Washington Mutual’s Putting Money Back into Communities Like Concord
Published August 13th, 2008 in Buyer advice, Sellers, mortgage market, Concord, Multiple Listing Service, Market Updates. by Sam Benson Tags: No Tags. 
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My old friend and seasoned Loan officer, Sam Wright  from Washington Mutual Loan Center informed me about a window of opportunity WA MU’s has for select communities in cities like Concord.
Buyers may be eligible to save up to 1% of the loan amount, that’s $1,000 for each $100,000 they borrow. This may be used for lowering closing costs or getting a lower rate. This is only available to primary homeowners that qualify, not investors.Â
This is the first time, since the “credit crunch” in Contra Costa County that a bank is stepping up to show the community that they are here to stay. This offer expires September 30, 2008. For more information, call Sam Wright at 510-502-0040 or email him at samuel.wright@wamu.net.
 Home owners that live in the North Concord area that want to sell their home may want to take advantage of this offer.Â
2 Responses to “Washington Mutual's Putting Money Back into Communities Like Concord”
- 1 Pingback on Aug 13th, 2008 at 8:45 pm
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Hi Sam,
The 9/30/08 date caught my eye. Just read in SF Chron that as of 10/1/08, new mortgages to Fannie will have an “adverse market” fee doubled from 1/4 percentage pt to 1/2 percentage pt (eg. from $250K per $100K borrowed to $500K per $100K borrowed). Have you been advised of this? Let me know if you want the article link.
Marian