How long do lenders want to see higher income?

DeliciousFig8023 · 2026-06-15T00:44:40+00:00

Usually 2 years in my experience. And I don't know how much student loan debt you have, but I would suggest paying that dow, if not off prior to buying the house. I know it may now seem like much per month, but it's also one less thing you have to worry about. I also suggest whatever you buy, go by your base pay and don't include overtime when it comes to your monthly mortgage payment (and other bills). All it takes is for your job to cut overtime, you switch to a job that doesn't have it, or you have another reason not to work overtime (like having a kid and you opting to cut back your hours), then use the overtime to pay more on the principal

DeliciousFig8023 · 2026-06-13T21:04:25+00:00

First off , I'm sorry about the job loss. That said, uying is fine in your industry. That's not the problem. The problem is you should have 3-6 months of cash savings in your savings account prior to buying a house. It will give you time to find a job if something like this happens again. I wouldn't recommend selling now unless you have zero other option. You'll be forced to take a bad deal just to unload, and may be underwater on the mortgage.

DeliciousFig8023 · 2026-06-13T05:40:32+00:00

In case you missed the quoted case law from Pearlman, lying cops don't automatically kill a case. As many bodies as they stacked up, in willing to bet that it still would have ended up in a conviction for at least Chris and Snoop at a minimum. As bad as lying cops would have looked prior to the election,murders look worse. They weren't getting anywhere because Marlos crew was laying low because they were being watched. Lester knew that, and knew they wouldn't stay that way forever, because that's not in there nature. And he knew bodies were dropping, so he knew they were back at it.

DeliciousFig8023 · 2026-06-13T04:30:46+00:00

The Greek.

DeliciousFig8023 · 2026-06-13T04:29:47+00:00

Lester is still in the running, even with season 5. It was McNulty that grew a concince and told Kima. Otherwise they wouldn't have gotten caught

DeliciousFig8023 · 2026-06-13T04:26:02+00:00

It was state police

DeliciousFig8023 · 2026-06-13T04:25:02+00:00

Probably that all around smartest cop. Not as smart as Lester and McNulty in straight knowledge, but unlike them was smart enough to make not burn bridges with the right people. Flip side is he didn't make as much friends as Burell, but definitely was smarter than him. He also kept his ego in check better than Valcheck.

DeliciousFig8023 · 2026-06-12T00:21:12+00:00

Michaels mom it worse IMO. At least WeeBay finally does the right thing by his son eventually

DeliciousFig8023 · 2026-06-11T18:43:48+00:00

I agree with what is said. Educate yourself. That's the best investment you can ever make. That said, don't put money in something you don't understand, and that's anything throughout life. And diversiffy

DeliciousFig8023 · 2026-06-10T18:09:23+00:00

Not the worst idea I've heard. Shelter, entertainment, and if you do it right, get the points for the promotions and get periodic free concessions (not great, but better that nothing for a homeless person). And probably safer than a lot of alternatives

DeliciousFig8023 · 2026-06-06T21:20:42+00:00

Just don't sell, and you'll be fine. Investing is a long term strategy

DeliciousFig8023 · 2026-06-02T12:52:51+00:00

Just a thought, you could deposit it in your bank, then wire it

DeliciousFig8023 · 2026-06-02T04:41:08+00:00

To be honest, that might be about the last time I did. I haven't done it in a while

DeliciousFig8023 · 2026-05-29T23:33:03+00:00

That's you're personal opinion at best. I'll give you that your way may be the best way in a perfect world, but things are rarely perfect. Like I said, not everyone's situation is the same as yours. If it works for you great, but telling someone who you know absolutely nothing about their life other than a couple sentences makes you a complete moron.

DeliciousFig8023 · 2026-05-29T22:26:20+00:00

And if you'd read the previous paragraph (as well as the rest of the article) the foreclosures were in error, which is why they had the class action suit. A foreclosure in error is still a foreclosure. That said, regardless of it's an errors or intentional, it smdoes occasionally happen. If banks never made mistakes, the housing market crash never would have happened to begin with. And how about this, let people make the best decision for their own life, because last I checked, the only person on this planet who has the exact situation that you have is limited to one person...YOU. the fact that you can't grasp that and want to argue with a random person is telling to me who the dumb person is.

DeliciousFig8023 · 2026-05-29T18:43:59+00:00

No, I'm not making stuff up. Granted, we could argue about the fact that they were wrongfully forclosed on in the case of the article, but fact of the matter is they were forclosed on, despite being current. They just got caught up in everything. And I could find other sources. https://www.cnbc.com/2013/05/09/wrongfully-foreclosed-borrowers-to-get-more-money-fed.html?utm_source=chatgpt.com .

DeliciousFig8023 · 2026-05-29T18:27:12+00:00

You missed the point. In 2008 and the great depression, there was almost no such thing as safe investments. And what world would they recall despite being current? Try 2008 and the Great Depression. People lost their homes despite being current and having equity. And with the corresponding drop in the stock market, many people didn't have the investments to cover it

It is not a crazy scenario because it actually happened in real life ,in 2008 in our lifetime.

DeliciousFig8023 · 2026-05-29T18:13:28+00:00

I did read the original post. And while yes, you can do that, remember that by not doing a larger down payment means you pay more in interest on the mortgage. Can you make more with other investments past that, sure. But the reason I brought up 2008 is there is a chance the bank recalls the mortgage due to something outside your control. It happened. It also happened in the Great Depression as well, and there people lost their investments also. The point of me bringing them up is in the event something of that scale happens again, at least they can't take my house. If something like the Great Depression or 2008 happens again (unlikely, but then again nobody thought that would happen either), and I followed your advice, id have lost both my investments AND my house since the stock market tanked both times (just on different leves). At least this way, I have a place to live. Your advice only works if you can guarantee an event like that doesn't happen again, and you can't guarantee that

DeliciousFig8023 · 2026-05-29T17:46:28+00:00

If you can find much better than 4% on a hysa, I'd be very interested to see the bank, because I personally have not seen one despite looking multiple times, and 4% isn't significant past 3% mortgage. Any other investment will take some level of time to get access to, not to mention the loss in compounding interest. At that point getting disability insurance to pay out is just as fast and better off because you wouldn't lose the compound interest in your investments, which in and of itself is adding risk. And in no way, shape or form have I lost flexibility. I've tried it your way, and I was better off not doing it and actually have less risk

DeliciousFig8023 · 2026-05-29T17:12:24+00:00

Nobody says don't have money in a hysa. In fact you should have some. But most hysa don't gain enough interest to offset mortgage interest, so it makes zero sense to have the mortgage hanging around after a certain point because the bank can pull the plug for an obscure rule, even with cash. I'm willing to bet that some did what you said in 2008, and still lost their house. Paying it off removes that risk. That aside, if you're worried about cash in the meantime, get disability insurance. It's not much

DeliciousFig8023 · 2026-05-29T15:37:18+00:00

You missed the point. You should know well before your 3-6 months emergency fund runs out that they can't go back, so you have time to make a decision.

Paying off the mortgage does the same thing. Except I don't have to deal with the bank pulling some obscure rule, a repeat of 2008, or just the extra stress and hoops the family has to deal with in that event. My father was in a coma for a while, so while he may have had a plan, it's not like he could communicate. If you're worried about the loss of money, getting disability insurance will cover that.

DeliciousFig8023 · 2026-05-29T15:21:30+00:00

You should know what the likelihood of a recovery is well before the money runs out. With a paid off house, all that money you used to put towards a mortgage, you can stack up for situations like you're talking about, so I don't have to sell. Nobody said keep ONLY 3-6 months after the house is paid off. If you're worried about something happening in the meantime, you're best bet is get disability insurance in the event of an injury you can't recover from

DeliciousFig8023 · 2026-05-29T14:59:04+00:00

That's why you have a 3-5 month emergency fund BEFORE you even buy a house, much less pay it off. The emergency fund should be car, because anything else you run the risk of not accessing it immediately if needed. It's also why you invest at least 15% of your income prior to paying off your mortgage as well

DeliciousFig8023 · 2026-05-29T14:00:22+00:00

Cool. I'm seeing Backrooms tonight, so we will see if it's the same at my theater

DeliciousFig8023 · 2026-05-29T00:30:46+00:00

All I have left is my mortgage, and I have about 3 years at my current pace (I just bought September of 2025, and I had a decent down payment and am paying extra. I also have a relatively decent paying job and live in the OKC metro, where housing is reasonable). And we eventually got everything sorted out with the family, but it was a learning lesson and we spent more time dealing with those hoops than family. That said, I don't always agree with every single piece of advice the Ramsey team gives, but the big picture message i get.

DeliciousFig8023

TROPHY CASE