Notifications
Clear all
Conventional Mortgages Explained
812
Posts
735
Users
0
Reactions
22.4 K
Views
- Been there with the low score—mine was 585 when I bought my first place.
-
Couldn’t agree more.“those monthly payments stick around a lot longer than the excitement of closing.”
- I rushed in and the PMI was brutal. Ended up paying way more over time than if I’d just waited a few months to bump my score.
- Sometimes you gotta jump, but man, patience really does pay off in this game.
I get the whole “wait for a better score” thing, but honestly, sometimes you just need a roof over your head and can’t wait around for the perfect number. I refinanced a couple years later when my score improved and ditched the PMI. It wasn’t ideal, but it worked out in the end. Sometimes you gotta play the hand you’re dealt, you know?
Page 163 / 163
Prev