Mortgages discussions and local services.
michaelh86
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Topics and replies this member has contributed.
RE: Does an old bankruptcy matter more than a recent one?
Yeah, I’ve been wondering about this too since I’m in the early stages of trying to buy my first place. My partner had a bankruptcy about 6 years ago, and we were honestly worried it would totally ruin our chances. But w...
RE: Why do VA mortgage rates seem higher lately?
I get what you mean, but sometimes I wonder if the higher rate is really worth it just for the “simplicity.” When I was comparing lenders, one had a lower rate but a bunch of weird fees, and another was more upfront but ...
RE: Huge News for Homebuyers: Trump Wants to Ban Corporate Investors from Buying Single-Family Homes
That’s what I keep noticing too - there just aren’t enough listings. Do you think banning corporate buyers would actually free up more homes, or are regular folks from out of state still going to keep things tight? I’m c...
RE: When A Mortgage Quote Makes You Go “Hmm…”: What’s Your Dealbreaker?
Totally get what you mean about the “vibe” - I’ve had a couple lenders who seemed annoyed when I asked about random fees, and it just made me want to walk away. I’m new to all this, so I probably ask more questions than ...
RE: Surprised by how much credit score matters for home loans?
Definitely relate to the “treat your bank account like it’s under a microscope” part. I had no idea how much they’d dig into every little thing - like, I got a Venmo from my sister for splitting dinner and they wanted an...
RE: Does a VA loan require an inspection? What are the VA loan inspection requirements for buyers and spouses?
That’s exactly what I ran into. When we went through the VA process, I thought the appraisal would catch everything, but nope - just the basics. We almost skipped a private inspection to save money, but our inspector fou...
RE: Is tapping home equity for cash really worth it?
I totally get the nerves around using home equity for cash. I’m just starting out and honestly, the idea of taking on more debt after finally getting a mortgage feels kind of overwhelming. But I can see how it could be a...
RE: Are you considering buying a home in Dallas? Read this before!
This made me laugh because I literally had to send a screenshot of a Venmo note that said “Happy bday, don’t spend it all at once!” to my loan officer. Felt so silly, but I get it - they’re just doing their job. Still, d...
RE: Can You Get a Mortgage with a 580 Credit Score? Yes - Here’s How!
PMI is such a sneaky expense, right? I remember thinking, “Eh, it’s just another line on the bill,” but after a few months it really adds up. I totally get what you mean about wanting to jump in before prices get even cr...
RE: Save Money with Mortgage Refinance Dallas Texas
Totally get what you mean - some of those fees just sound made up. When I started looking at my own loan estimate, there were random charges I’d never even heard of. Is it normal for lenders to just drop fees if you push...
RE: New Homes with Low Interest Rates
I’ve actually wondered about this too, because I’m right in the middle of the process and my score was just a couple points under what I needed for a better rate. I tried asking if they could make an exception since my b...
RE: How meeting with a rental advisor changed my apartment search
I get what you’re saying about hidden fees being a red flag, but I wonder if sometimes it’s just the way buildings bundle stuff for convenience? Like, when I was looking at places, a few had higher “service” fees but the...