The banksters and their bogus GFEs

A place to discuss anything... except credit cards!
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MemberSince99
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Postby MemberSince99 » Sun Aug 10, 2014 12:57 pm

Not much of a point to that, is there?


And it would be the fourth time. I like them, but they are a tad too conservative in terms of limits and CLIs for my taste. And I really don't need/want yet another card.


The LO gave it to me in writing what that means. It's different than what it says, but I do have that if I need it so I will have to proceed as planned unless something blows it up. I'm not getting my hopes up until it's done and even then my paranoid side will keep me from enjoying it. We'll see.


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rhipsher
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Postby rhipsher » Sun Aug 10, 2014 10:16 pm

Brother what kinda loan did you get? It's either 3% down FHA or 10% down conventional. Should be simple as that.

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rhipsher
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Postby rhipsher » Sun Aug 10, 2014 10:28 pm

Funny story about my second mortgage while we are on the subject. When we bought this house that we are in right now my wife wasn't working so the mortgage company did not take her income into consideration. I qualified for it all by myself. So when we went to closing to sign that one inch thick stack of papers my wife said hey! How come my name is not on any of this paperwork. I said probably because your not working right now. She says well if worse comes to worse and we get a divorce or something I want to be on it. I said that's ok honey. If worse comes to worse I'll rent you a room lol! All of the closing agents just about fell out of their chairs laughing. So they added her name to the paperwork.

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onion
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Postby onion » Sun Aug 10, 2014 11:00 pm

rhipsher wrote:Funny story about my second mortgage while we are on the subject. When we bought this house that we are in right now my wife wasn't working so the mortgage company did not take her income into consideration. I qualified for it all by myself. So when we went to closing to sign that one inch thick stack of papers my wife said hey! How come my name is not on any of this paperwork. I said probably because your not working right now. She says well if worse comes to worse and we get a divorce or something I want to be on it. I said that's ok honey. If worse comes to worse I'll rent you a room lol! All of the closing agents just about fell out of their chairs laughing. So they added her name to the paperwork.


Hah, that's a pretty good one lol. Gonna have to tell this one to my fiancee sometime.
FICO TU - 728 - 8/14
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Postby supercoolman » Sun Aug 10, 2014 11:49 pm

rhipsher wrote:Funny story about my second mortgage while we are on the subject. When we bought this house that we are in right now my wife wasn't working so the mortgage company did not take her income into consideration. I qualified for it all by myself. So when we went to closing to sign that one inch thick stack of papers my wife said hey! How come my name is not on any of this paperwork. I said probably because your not working right now. She says well if worse comes to worse and we get a divorce or something I want to be on it. I said that's ok honey. If worse comes to worse I'll rent you a room lol! All of the closing agents just about fell out of their chairs laughing. So they added her name to the paperwork.



did she marry you for you or your money and house?

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Postby MemberSince99 » Mon Aug 11, 2014 8:24 am

rhipsher wrote:Brother what kinda loan did you get? It's either 3% down FHA or 10% down conventional. Should be simple as that.




5% conventional. I was put off the FHA due to never being able to get rid of PMI. If I pay a bit more now over the long run it's going to save me a good deal of money since I can dump the PMI once I get 20% equity (and I sure will). Frankly the difference between 3.5% and 5% for me was under 1600 dollars so it's a no brainer in a little over a year losing PMI I recoup that let alone more time and the interest.


So that's the route I went.


Good story on your fiancée. Seriously you never really know. I suck at relationships so I just avoid them anymore I've never been able to have a successful one and since the common factor in that is ME I know I'm the issue here!

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rhipsher
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Postby rhipsher » Tue Aug 12, 2014 11:26 pm

We were already married and had two daughters together. I didn't even really notice that her name wasn't on anything until she mentioned it. 16 years later we are still happily married. Knock on wood. :D And that 16 years went by fast. She mostly married me because I'm a stud. :cool:



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