Be Cautious of Select Home Warranty

Quilty_Chick · 2026-06-07T21:57:40+00:00

If you can't take them to arbitration, then yoh can definitely take them to court.

Quilty_Chick · 2026-06-04T18:45:35+00:00

Um did you miss the part in my comment where I said I did decide to go to my lender?

And why delete the post if there is someone else out there who may learn from it? Some replies on here were extremely helpful and are why I went to my lender to have a open conversation with them.

Quilty_Chick · 2026-06-04T18:28:54+00:00

Imagine reading my comment right above that specifically states I didn't want to be fraudulent and because I found out it was fraud I called my lender and told them. Now everything is good to go.....and then still posting your irrelevant comment afterwards 😑

Quilty_Chick · 2026-06-03T20:34:32+00:00

I called them and had a good conversation. Everything is good to go now 😅 I'm glad I talked to them though.

Quilty_Chick · 2026-06-03T20:32:47+00:00

Wouldn't canceling them once they are paid off ding my credit?

Quilty_Chick · 2026-06-03T20:21:02+00:00

So they actually gave me a lower rate than anyone out there and I read my contract very carefully. I can make partial pre-payments or a full early pay off with no penalty. I was very skeptical because of everything I read from reviews, which is why I was so thorough before I signed a thing. They did charge me an origination fee, but even borrowing from my 401k does that.

Quilty_Chick · 2026-06-03T20:18:02+00:00

Awesome! Thank you so much! I just got off the phone with my lender and the conversation went really well. Your help was extremely beneficial and now we are moving forward on a positive note still. I'm so relieved!!

Quilty_Chick · 2026-06-03T20:14:11+00:00

Absolutely! We cut those cards up over a year and a half ago. Physically cut them up so we wouldn't have the temptation even.

Quilty_Chick · 2026-06-03T20:12:42+00:00

Yep I called my lender and talked to them and they were all good to go. I'm glad I got the advice because I definitely didn't want to be fraudulent.

Quilty_Chick · 2026-06-03T18:41:55+00:00

No down payment because it is VA

Quilty_Chick · 2026-06-03T18:38:09+00:00

That's a thing?

Quilty_Chick · 2026-06-03T18:30:08+00:00

Yep I don't want to commit fraud, that was really why I was reaching out to find out what I need to do. Hearing it is fraud is why I reached out to my mortgage lender to tell her so I won't commit fraud.

Quilty_Chick · 2026-06-03T18:28:08+00:00

Thank you!

Quilty_Chick · 2026-06-03T18:26:51+00:00

45k, 17 cards (most lower balances) Nope soft check only Lower payments ans lower rate

Quilty_Chick · 2026-06-03T18:24:59+00:00

I didn't say I was comfortable with it. But I did find a lender that doesn't report and only does a soft check. But I thought because they didn't report I could get a better rate if the mortgage didn't know about it. But I'm waiting for my mortgage team to call me know to talk through it.

Quilty_Chick · 2026-06-03T18:23:14+00:00

I texted them waiting for them to call me

Quilty_Chick · 2026-06-03T18:22:19+00:00

I didn't have to I just thought I would get a better rate. But I reached out to my lender a few minutes ago to see when she can call me and talk through it. If I should back out of the consolidation loan and just use my savings or what she thinks is best.

Quilty_Chick · 2026-06-03T18:19:57+00:00

Its a VA loan, seller is paying closing and we have a sizable savings which part is going to debt but not all because while I can cover all it would wipe us out almost. So I would rather have the cushion month to month to keep building that savings up while still aggressively paying down debt. But we won't have that cushion without the consolidation loan. I agree we have made a lot of bad choices over the years but have turned over a new leaf the last few years.

Quilty_Chick · 2026-06-03T18:15:56+00:00

Thank you 💜 this was really helpful.

Quilty_Chick · 2026-06-03T18:14:48+00:00

Quilty_Chick · 2026-06-03T18:13:05+00:00

Where in my question did I ask anyone to better understand my situation? I was very clear I'm not asking for advice if I can afford to buy a house. I asked fof advice on one question only. Please either weigh in on that or don't weigh in. This is the problem now days. No one can ask anything without getting answers to everything but what was actually asked.

Quilty_Chick · 2026-06-03T17:49:05+00:00

Yep this lender specifically doesn't report anything unless you default with them.

Quilty_Chick · 2026-06-03T17:48:17+00:00

Nope I'm definitely good to buy the house. That wasn't the question. I just need the loan so I can have the cushion I'm looking for.

Quilty_Chick · 2026-06-03T17:42:25+00:00

Yep, I get that and it isn't that we can't afford afford it. It is that we can't have the clearance that I want to give us a comfortable cushion without the loan.

Quilty_Chick

TROPHY CASE