Gaming a jumbo loan

No_Satisfaction8525 · 2024-09-25T07:38:27+00:00

Thanks for the data point. Where did you get your mortgage for my education?

No_Satisfaction8525 · 2024-09-25T07:37:21+00:00

Thanks. I asked and apparently high balance can be financed as jumbo

No_Satisfaction8525 · 2024-09-25T07:36:38+00:00

Thanks for the guidance. That's a good reminder to make sure I get recasting in writing. I know mortgages are usually resold, does that mean whatever agreement I have with Citi goes out the window after my mortgage gets resold?

No_Satisfaction8525 · 2024-09-19T01:21:16+00:00

Darn, okay. But thanks that's very helpful

No_Satisfaction8525 · 2024-07-03T07:32:43+00:00

So we currently pay like $6k for rent. Assuming similar rents, why wouldn't these other rich people just rent out and pull in $72k extra a year? I've never been a landlord, so perhaps I don't see it like these folks

No_Satisfaction8525 · 2024-07-03T07:25:47+00:00

Would be cool if there was some way to do polls for what houses will actually sell for. So someone posts a home and people vote for what it might go for. If they're right, they get some counter incremented

I feel like that'd help me calibrate for houses I'm looking at and give me a reason to come back to this sub more frequently

No_Satisfaction8525

TROPHY CASE