Originally Posted by Hammock Parties:
Lenders are fucking scum. They want you to borrow more so you can get fucked harder.
Absolutely. It’s crazy what they’ll qualify you for.
6 years ago we bought a house for about 50% the amount we “qualified” for. I couldn’t believe what they thought we could afford! And they wonder how so many people get in trouble and can’t pay their mortgage ......house poor! [Reply]
Originally Posted by Hammock Parties:
Lenders are ****ing scum. They want you to borrow more so you can get ****ed harder.
Same with most colleges. I try to get an answer for how much the cost will be per semester for my kids and 95% of the time the college doesn’t answer but rather tries to talk me into a loan. I tell them I don’t want a loan, I want to know the cash price.......then they try to talk me into a loan again. Most colleges are in the banking/lending business now. [Reply]
Originally Posted by KCUnited:
RE: HSA investing. Does your HSA admin only let you invest in certain funds?
My HSA gives me like a dozen investment options to choose from and doesn't appear to give me full control. No complaints as I've been putting it in a Vanguard ETF that's been up like 25% but I'm mostly just wondering if thats SOP for HSA's or just unique to mine or if I'm a retard that can barely read.
Same. Mine gives me around 30 to choose from. [Reply]
Originally Posted by KCUnited:
RE: HSA investing. Does your HSA admin only let you invest in certain funds?
My HSA gives me like a dozen investment options to choose from and doesn't appear to give me full control. No complaints as I've been putting it in a Vanguard ETF that's been up like 25% but I'm mostly just wondering if thats SOP for HSA's or just unique to mine or if I'm a retard that can barely read.
Typically.
My 401K from back in the day had a similar amount of options. [Reply]
Originally Posted by Hammock Parties:
Lenders are fucking scum. They want you to borrow more so you can get fucked harder.
Every mortgage conversation includes that part about the maximum they'll let you have. Dealing with lenders is always a reminder of how humans often treat each other like sh*t. [Reply]
Originally Posted by EPodolak:
Every mortgage conversation includes that part about the maximum they'll let you have. Dealing with lenders is always a reminder of how humans often treat each other like sh*t.
Honestly, I have a low tolerance for bullshit. This makes me just want to save more money and pay cash for a house and give the finger to literally everyone, including my own savings accounts. [Reply]
Originally Posted by Hammock Parties:
Honestly, I have a low tolerance for bullshit. This makes me just want to save more money and pay cash for a house and give the finger to literally everyone, including my own savings accounts.
With rates so low, borrowing money is actually not a bad idea.
Just borrow your comfort level on Monthly Payments and hold the line on the amount you borrow.
Originally Posted by Hammock Parties:
Honestly, I have a low tolerance for bullshit. This makes me just want to save more money and pay cash for a house and give the finger to literally everyone, including my own savings accounts.
Not worth it with rates this low. With your down payment and house price, your mortgage will be dirt cheap. Still makes sense to buy. [Reply]
