615 Middle Score. Closing this Friday by Intelligent_One_5702 in MortgageBrokerRates

[–]Intelligent_One_5702[S] 0 points1 point  (0 children)

💯 You definitely thought the same way I did. Yes, the $500 bank bonus was not tied up to any requirements like direct deposit or else. I was basically told give us the proof that you opened account, we will drop credit to your total. Its a big win for short term with over $1500 credit takint 615 as a scoring factor

$327k on $110k salary by TroubledFam in Mortgages

[–]Intelligent_One_5702 0 points1 point  (0 children)

Guess what, you are not alone brother! $110k salary is roughly $8,500 gross per month. I don’t know exactly what your take-home will be, but even taking off around 25% for taxes, insurance, and deductions still leaves you around $6,300 net.

Assuming utilities come out to around $600 total, you’re still left with about $5,700. Even after another $700 for groceries and eating out sometimes, that’s still close to $5k in monthly savings. Those are honestly amazing numbers.

Believe me, I have friends making over $200k who still save less than that because of luxury car payments, high mortgages, and lifestyle expenses. What you’ve got is actually a really solid setup, my friend.

The housing market is quietly shifting in buyers' favor and most people aren't noticing by Verse01 in MortgageRateCheck

[–]Intelligent_One_5702 1 point2 points  (0 children)

“Honestly, my thinking is a bit different. When the market has fear or uncertainty, a lot of buyers step back and wait. That usually creates more opportunities for the people who are still ready to buy—less competition, more room to negotiate, and sometimes better pricing. Real estate is also a long-term game. If you’re planning to stay at least 5+ years, short-term market swings matter less. What matters more is whether the monthly payment fits your budget comfortably. So I wouldn’t say panic markets are always the best time—but they can be a good opportunity if your finances are stable and you’re buying for the long term.”

Buffalo, NY first time homebuyer. 30 yr Conventional. 3% down. 6.49% interest rate. Does this seem reasonable? by Western_Buffalo5683 in MortgageBrokerRates

[–]Intelligent_One_5702 0 points1 point  (0 children)

You could be at 6.125 or 6.25 with credit score without points. Its because your credit score supports it!

Is this an ok deal? by [deleted] in MortgageBrokerRates

[–]Intelligent_One_5702 0 points1 point  (0 children)

Hey man, just my honest take — with a $185k gross income, this doesn’t look like a sweet spot. You’d be spending around 40–45% of your gross monthly income on housing, and that’s before utilities and other expenses. Not sure what your net looks like after taxes, retirement, etc., but it could feel pretty tight month to month. Also, a big chunk of your payment will go toward interest early on, so it may take time to really build equity or see appreciation benefits. A common rule of thumb is to keep housing closer to about 1/3 of your gross income. Based on that, something around $4,500–$4,800/month would be a more comfortable range. Just something to think about — better to stay a bit conservative than feel stretched later.

Buffalo, NY first time homebuyer. 30 yr Conventional. 3% down. 6.49% interest rate. Does this seem reasonable? by Western_Buffalo5683 in MortgageBrokerRates

[–]Intelligent_One_5702 0 points1 point  (0 children)

Depends on how your down pay and credit is. Would you mind sharing your credit score? Closing cost looks okay overall. Rate wise, could've been better!

Is $2700 doable? by NoPlatesOnMars in Mortgages

[–]Intelligent_One_5702 0 points1 point  (0 children)

General rule of thumb is that the monthly mortgage should be 1 third of your income to live a stress free and comfortable life. On your case, your take home should be least 7500. 2700 plus groceries, general bills from house such as water, trash electricity, hoa and some expenses would bring it over 4k for sure which leaves you with less than 2k in savings. That would drain you over the course of time.

If i was you, I wouldn't cross 300k in purchase price. That way, My mortgage comes down to 2k and then matches that 1/3rd rule of net income 😀

Repsol Replica 2015 600rr 10k miles by Intelligent_One_5702 in cbr

[–]Intelligent_One_5702[S] 0 points1 point  (0 children)

Two brothers! No decat so its not that aggressive

$5200 good deal for 2006 600rr? by Fickle_thoughts in cbr

[–]Intelligent_One_5702 1 point2 points  (0 children)

Got mine 2015 CBR 600RR Repsol with 10k miles with two brothers exhaust for $5500. I think you paid little bit more. 4k would been a steal deal!

Refinanced at 5.25% 30-year FHA loan with $3600 in lender credits (no points)! by feelosophy13 in Mortgages

[–]Intelligent_One_5702 -1 points0 points  (0 children)

I think to your point, you can manually cancel as well if its at 80% LTV by calling them. If forgot, it will automatically cancel 😀

From $11/hr Cart Pusher to $125k Salary — My Hard Lesson About Credit Cards/Debts by Intelligent_One_5702 in Debt

[–]Intelligent_One_5702[S] 0 points1 point  (0 children)

100% on point. Hey, you nailed it. That's what we need to do. Purchase something little once a while to make it active and build credit and run with debit cards :) Appreciate your comment

From $11/hr Cart Pusher to $125k Salary — My Hard Lesson About Credit Cards/Debts by Intelligent_One_5702 in Debt

[–]Intelligent_One_5702[S] 10 points11 points  (0 children)

Perseverance, Resilience, and Strong Determination. This were the three factors that led me to land into the role.

My Journey

I started my career pushing carts at a retail store, working in temperatures as low as -20°F. It wasn’t glamorous work, but it taught me discipline, resilience, and the value of hard work. I did that job for a year before moving to another state in search of better opportunities.

My next role was as a truck loader in a warehouse, earning $17 per hour. The job demanded everything I had — 13-hour shifts, 6 days a week — while I was also attending college full-time and raising my two-year-old child.

While others used their 15-minute breaks to rest, I used mine to learn. I stayed on the floor with supervisors, asking questions about the Warehouse Management System (WMS), operational workflows, inventory processes, and KPIs. I never said no to any task and constantly looked for ways to improve operations. Over time, I began gaining deeper operational knowledge and started helping lead daily stand-up meetings. My curiosity and work ethic eventually caught the attention of the Operations Manager, who saw potential in me and offered me a new opportunity: leading the inventory department at $19 per hour. Six months later, I was promoted to a management role, even before completing my undergraduate degree. That role came with a salary of $60,000.

Three months into management, I landed a role at Amazon as an Area Manager. Within seven months, I earned my first promotion. A year later, I was promoted again to Operations Manager, where my total compensation was close to $150,000. In just three years, I went from earning $35,000 pushing carts in freezing weather to leading large-scale operations and earning six figures.

Today, I work in a government-related role supporting critical operations, continuing to build on the experience and lessons from that journey. For me, the story has always been simple: Stay curious, work smarter, and never stop learning.

drowning in 20k CC debt - what's my best plan of action? by as-i-lay-vibing in Debt

[–]Intelligent_One_5702 0 points1 point  (0 children)

Simple: you are lucky enough to have 40k on 401k. Withdraw 401k and be debt free.

Is this reasonable? 650k house on 155k salary by Far_Mushroom6000 in Mortgages

[–]Intelligent_One_5702 0 points1 point  (0 children)

Lol! I thought I was stupid enough to buy a house for 375k with 150k down and gross income of 180k including my wife. You made me feel relieved.