That’s exactly the kind of thing that gets glossed over when people focus on low monthly fees. I’ve seen it a few times—everyone’s happy with the “bar...
I get where you’re coming from, but I’d actually push back a bit on the idea that “as long as you’re upfront and organized, even non-permanent residen...
That’s a pretty accurate way to put it—trying to time rates is almost always a losing battle. I’ve found that even the so-called “experts” rarely get ...
That’s honestly the perfect way to describe it. I remember during my last refinance, I had to upload the same pay stub to three different portals beca...
I appreciate your perspective on having a clear exit strategy. From my experience, it's not just about having a repayment timeline, but also about cle...
Couldn't agree more with this point. When I refinanced a few years back, I initially overlooked some of the smaller details—like appraisal fees and ti...
I had a similar experience when refinancing a couple years back. The "processing fee" was just the tip of the iceberg—there were also vague charges li...
I had a similar experience, but I tackled it in reverse order—windows first, thermostat second. When I moved into my place, the drafts were so bad you...
I went through something similar myself a few years back. When we bought our first home, the ARM looked tempting—rates were lower, and we figured we'd...
In my experience, detailed documentation helped somewhat, but ultimately comps still carried more weight. Lenders seem to prefer standardized data poi...
That's a solid point. When we refinanced a couple years ago, our appraisal was right on the edge, and it was actually a local credit union that came t...
I've actually found the opposite to be true in my experience. When I was dealing with a property that had some odd easement issues, the local credit u...
This is a really important point. A few years ago, I bought a small piece of land intending to hold onto it for a while before building. I did my due ...
Couldn't agree more. When we first bought our home, I carefully analyzed both ARM and fixed-rate options. On paper, the ARM looked appealing—lower ini...
Fair point, but I'd argue that adjustable-rate mortgages aren't inherently risky if approached strategically. For instance, if you're planning to sell...