Mortgages discussions and local services.
andrewm80
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RE: Got denied for a mortgage because of high DTI? Don’t give up yet.
Yeah, it really does feel like you need a spreadsheet for every dollar that moves. I once had to dig up a random Venmo transfer from months back because the underwriter flagged it. It’s a pain, but I guess it’s just part...
RE: Why does getting a bigger mortgage have to be so complicated?
It really does feel like you need a minor in forensic accounting just to get through underwriting these days. I had to dig up a Venmo from months ago to prove it wasn’t some secret income stream. Meanwhile, my credit car...
RE: Is tapping home equity for cash really worth it?
Title: Is tapping home equity for cash really worth it? That’s exactly what made me hesitate a couple years back. I was tempted to roll my credit card balances into a HELOC because the rate looked so much better. But ...
RE: Use Cash Out Refinance Texas the Right Way (Here’s What We See)
Totally get where you’re coming from - my first house looked solid on paper, but once I started pulling up carpet and poking around, it was like opening Pandora’s box. Ended up using half my cash out refi just to fix a f...
RE: Why do VA mortgage rates seem higher lately?
That’s a good point about the funding fee exemptions - makes a big difference in the numbers if you qualify. I’ve noticed the same thing with points; sometimes it just feels better to lock in a lower payment, even if the...
RE: Tapping into your home's value for a remodel: step-by-step?
I get where you’re coming from, but I’ve actually seen the opposite happen too. Sometimes, “the shiny stuff” like a modern kitchen or updated bath can tip the scales for buyers, even if the bones aren’t perfect. I guess ...
RE: Is now a dumb time to refi or should I wait it out?
Couldn’t agree more on not chasing the “lowest rate” just for bragging rights. I’ve run the numbers so many times, and every time I get tempted by that shiny low rate, I remind myself what a pain it is to fork over thous...