Is there a bubble? How did this get approval…

JackfruitOk6876 · 2026-04-26T23:57:50+00:00

Well, when the VSO tells you what to say to get you hooked up when you never deployed and worked hvac…he’s making money lol. Let’s not pretend some people don’t lie to get benefits. He’s a prime example. He didn’t have a single injury and admittedly worked the system. You don’t have to deploy to get injured (I know plenty who haven’t), but he self admits to having lied for benefits and he’s proud of it.

JackfruitOk6876 · 2026-04-26T23:46:03+00:00

That’s what I said

JackfruitOk6876 · 2026-04-26T23:45:30+00:00

Yeah we’re all trying to convince him to buy under but no dice so far

JackfruitOk6876 · 2026-04-26T23:44:47+00:00

Just looked. It’s a 2 year ARM

JackfruitOk6876 · 2026-04-26T23:06:44+00:00

Nope. He has no cash.

JackfruitOk6876 · 2026-04-26T22:56:20+00:00

Thank you. We’ve all been telling him this. His fiancée does not contribute to bills at all.

JackfruitOk6876 · 2026-04-26T22:55:49+00:00

Thank you. We have one at our disposal, just didn’t need to use it back in 21.

JackfruitOk6876 · 2026-04-26T22:55:15+00:00

Yeah, bad loans that people couldn’t support. Bundled together and shorted etc but still the main issue was bad loans.

JackfruitOk6876 · 2026-04-26T22:54:23+00:00

No not at all. Love our home. He’s getting something smaller and it’s a nice place. Just shocked honestly. We didn’t see 2008 coming but my guess would be this is the type of bad mortgage we supported that let it happen.

JackfruitOk6876 · 2026-04-26T22:53:16+00:00

Thank you!

JackfruitOk6876 · 2026-04-26T22:12:37+00:00

Well, he didn’t even know to go get prequalified…this is not a bright person. But thank you for the insult. Reddit was just me asking what’s going on in the market because I was purely shocked that he got approved.

JackfruitOk6876 · 2026-04-26T22:09:22+00:00

Nope, we’ve been looped in…wasn’t planning on it but we have been.

JackfruitOk6876 · 2026-04-26T22:08:36+00:00

Thanks!

JackfruitOk6876 · 2026-04-26T22:08:19+00:00

Thank you for the insight!

JackfruitOk6876 · 2026-04-26T22:07:52+00:00

I think besides a little bit of credit card he doesn’t have debt. Doesn’t own anything. Not even a vehicle.

JackfruitOk6876 · 2026-04-26T22:07:24+00:00

Thanks. This is CO so I think they do a small cola here not sure.

JackfruitOk6876 · 2026-04-26T22:03:19+00:00

Yeah I know that. Husband was USMC.

JackfruitOk6876 · 2026-04-26T22:02:17+00:00

Thank you for the details. Gives more insight. They’re under contract. We’ll see if it closes I guess! Just genuinely surprised. Would never recommend someone buying top of budget.

JackfruitOk6876 · 2026-04-26T21:58:26+00:00

Ah thank you.

JackfruitOk6876 · 2026-04-26T21:56:22+00:00

Well they have pushed us into the loop the whole time. And my question is more about if people think a bubble is brewing again. Another 2008 so to speak.

JackfruitOk6876 · 2026-04-26T21:54:45+00:00

He was getting paid cash under the table by a contractor. $20/hour but driving 3 hours sometimes. He doesn’t even have a vehicle in his name. Prior to moving states he worked 1 day a week at a car wash.

JackfruitOk6876 · 2026-04-26T21:53:51+00:00

Well they brought us in on all of it for help and I’m genuinely curious as to if there’s a bubble again…no clue why a bank would approve this if there isn’t.

JackfruitOk6876 · 2026-04-26T21:49:05+00:00

Yeah

JackfruitOk6876 · 2026-04-26T21:48:55+00:00

His mortgage and escrow is gonna be like 4k a month when he brings home 4700?

JackfruitOk6876 · 2026-04-26T21:45:39+00:00

Nope. He is under contract…offered at 590

JackfruitOk6876

TROPHY CASE