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#1
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BRAG: Just got approved for a home mortgage
HUGE BRAG: I just got a call for a pre-approval on my first home mortgage.
Beat: Not a balla, so it's only for 175k Variance: don't have a house picked out and living w/ 2 friends |
#2
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Re: BRAG: Just got approved for a home mortgage
congratulations, when are you going house hunting? and who are you moving in with? or is it a house just for you?
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#3
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Re: BRAG: Just got approved for a home mortgage
Congrats ... I'll be going down a similar road myself in the near future. How much money/month does a $175k mortgage translate too? What kind of interest rate are they quoting you?
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#4
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Re: BRAG: Just got approved for a home mortgage
[ QUOTE ]
Variance: don't have a house picked out and living w/ 2 friends [/ QUOTE ] [ QUOTE ] and who are you moving in with? or is it a house just for you? [/ QUOTE ] hmmmmmmmmm |
#5
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Re: BRAG: Just got approved for a home mortgage
[ QUOTE ]
[ QUOTE ] Variance: don't have a house picked out and living w/ 2 friends [/ QUOTE ] [ QUOTE ] and who are you moving in with? or is it a house just for you? [/ QUOTE ] hmmmmmmmmm [/ QUOTE ] I read that as he is currently living with 2 friends, not that he will be...... but I have reading comp problems ldo |
#6
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Re: BRAG: Just got approved for a home mortgage
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Variance: don't have a house picked out and living w/ 2 friends [/ QUOTE ] [ QUOTE ] and who are you moving in with? or is it a house just for you? [/ QUOTE ] hmmmmmmmmm [/ QUOTE ] I read that as he is currently living with 2 friends, not that he will be...... but I have reading comp problems ldo [/ QUOTE ] lol I read it the same way. Runyon, play more CS. |
#7
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Re: BRAG: Just got approved for a home mortgage
[ QUOTE ]
How much money/month does a $175k mortgage translate too? What kind of interest rate are they quoting you? [/ QUOTE ] Well, I'm going to put 15-20k down, so the actual mortgage will be more around the 160k area. The monthly payment is around 1,100 - 1,200 including mortgage, taxes and insurance. I was quoted at 6.5% 10\1 APR 30 yr loan. |
#8
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Re: BRAG: Just got approved for a home mortgage
Congrats.
Isn't there still more downside to the market though? With all the ARM's about to expire, there may be sweet foreclosures though. |
#9
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Re: BRAG: Just got approved for a home mortgage
[ QUOTE ]
[ QUOTE ] How much money/month does a $175k mortgage translate too? What kind of interest rate are they quoting you? [/ QUOTE ] Well, I'm going to put 15-20k down, so the actual mortgage will be more around the 160k area. The monthly payment is around 1,100 - 1,200 including mortgage, taxes and insurance. I was quoted at 6.5% 10\1 APR 30 yr loan. [/ QUOTE ] As a first time home buyer with money to put down, wth are you taking a 10/1 loan? Are you planning on making interest only payments or something? |
#10
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Re: BRAG: Just got approved for a home mortgage
maybe he doesn't plan on living with his buddies in this bach pad for more than 10 years.
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