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Repost from Home: A Codi Loan????

luvsun27 Posted: Jun 30, 2004 09:06 AM+

luvsun27 MEMBER SINCE: 9/03 TOTAL POSTS : 2887 WEDDING DATE: Apr 17, 2004

Posted: Jun 30, 2004 09:06 AM

Repost from Home: A Codi Loan????

Does anyone know about this? It's called a Certificate of Deposit Index loan? Apparently the rates are really low the first 5 year (1.95-2.06). But at year 6 it is based on a 3 month CD interest? I'd love to understand more about this....let me know. Thanks.