I got my house loan approved - GoFuckYourself.com

Slick · 04-19-2005, 11:43 AM

Well guys, thanks for the confidence in this thread I went out and actually got pre-approved with my credit union pretty easily then looked at the house a second time and popped in an offer for $235K which the sellers gladly accepted. The real estate agent said that the sellers were pretty happy to have sold the house so fast, it was only on the market for 1 week before I saw it

I'll have to take some pics of it once we get in there

I really only have the exterior shot from the other thread.

wdsguy · 04-19-2005, 11:44 AM

DUDE congrats on owning your first home!!

koreanbbque · 04-19-2005, 11:44 AM

Quote:

Originally Posted by Slick

Well guys, thanks for the confidence in this thread I went out and actually got pre-approved with my credit union pretty easily then looked at the house a second time and popped in an offer for $235K which the sellers gladly accepted. The real estate agent said that the sellers were pretty happy to have sold the house so fast, it was only on the market for 1 week before I saw it

I'll have to take some pics of it once we get in there

I really only have the exterior shot from the other thread.

Congrats on the your new home. I'm a new first time home owner as well. My escrow closed in late feb. it's a great and weird feeling having a home.

boner 2.0 · 04-19-2005, 11:47 AM

Congrats

spideriux · 04-19-2005, 12:02 PM

Congrats man

V_RocKs · 04-19-2005, 12:02 PM

Fucking nice! I am looking at buying a home towards the end of the year myself. Nice to see a fellow GFY'er 'making it'!

Slick · 04-19-2005, 12:06 PM

Thanks for all of the posts guys, I appreciate them.

It's a great feeling moving up to a house like that, it's like a dream

r3ap3r · 04-19-2005, 12:09 PM

Congrats on your first home.

Basic_man · 04-19-2005, 12:10 PM

Holy fuck, nice house ! Congrats man !

DateDoc · 04-19-2005, 12:11 PM

That is awesome. Congrats man!

Cassie · 04-19-2005, 12:11 PM

congrats on your home ownership!

Metalsound · 04-19-2005, 12:15 PM

Congrats !!

Sosa · 04-19-2005, 12:16 PM

very nice, congrats. I'm hoping to find myself a nice place here soon.

Sosa · 04-19-2005, 12:17 PM

by the way, what type of loan did you go for etc?

Slick · 04-19-2005, 12:30 PM

Quote:

Originally Posted by Sosa

by the way, what type of loan did you go for etc?

I got a 30 year fixed rate loan with 6.25% interest, so that's pretty good. I hope to have it paid off in the next 3 years though if all goes as planned.

Thanks again for the comments everyone

Jimmie · 04-19-2005, 12:34 PM

congrats Slick... good to see a long time friend doing well.

04-19-2005, 12:54 PM

Quote:

Originally Posted by Slick

I got a 30 year fixed rate loan with 6.25% interest, so that's pretty good. I hope to have it paid off in the next 3 years though if all goes as planned.

Thanks again for the comments everyone

That seems kinda high for the interest rate if that is a mortgage. (or did you just get a regular loan?)

I just checked BMO and their posted rate for a 5 year fixed is 5.79%, which means you can usually get one for 4.79% with basically no dickering. I just locked mine in a few months ago for 5.5% so I am kinda kicking myself for not getting a better rate.

Nice house BTW.

strobi · 04-19-2005, 01:04 PM

woa! that's fast! congrats!

webspider · 04-19-2005, 02:12 PM

Congrats!

Slick · 04-19-2005, 02:22 PM

Quote:

Originally Posted by evildick

That seems kinda high for the interest rate if that is a mortgage. (or did you just get a regular loan?)

I just checked BMO and their posted rate for a 5 year fixed is 5.79%, which means you can usually get one for 4.79% with basically no dickering. I just locked mine in a few months ago for 5.5% so I am kinda kicking myself for not getting a better rate.

Nice house BTW.

Yeah, that rate is a little higher comparing to those rates, but I think it's because of my credit history was blemished in the past before I was rich, ha ha ha.

Slick · 04-19-2005, 02:22 PM

Quote:

Originally Posted by Jimmie

congrats Slick... good to see a long time friend doing well.

Thanks man

It's your turn to buy a house

VeriSexy · 04-19-2005, 02:30 PM

Congrats dude

nuttyrom · 04-19-2005, 02:41 PM

congrats!

CDSmith · 04-19-2005, 02:43 PM

All good things come to guys named Slick :D

Congrats buddy.

axelcat · 04-19-2005, 02:47 PM

congrats

BradM · 04-19-2005, 02:48 PM

Congratulations buddy. A first home is a fantastic accomplishment.

Hera, the Apocalypse · 04-19-2005, 02:52 PM

congratulations! keep it clean

BoNgHiTtA · 04-19-2005, 02:54 PM

I have been bidding on houses in Seattle for 8 months now

Just got approved for a higher amount now, 500K. Not bad for a 27 year old first time home buyer.

Will bid on another house this week. This one I really hope I get, its a really nice place very close to downtown.

Goodluck on your new house as well.

CDSmith · 04-19-2005, 02:56 PM

Slickster, I hope you're going to put that Canadian shot glass I sent you to good use, to you know... break in the new digs. :D

adis55 · 04-19-2005, 03:19 PM

pre-approval doesnt mean shit

you still have to meet all loan conditons, appraisal to be reviewed by lender and all other bullshit (title, insurance, inspection )

6.25% might not be bad in the state you are in but it is kinda high

todays a-paper rates are :
30yr fixed is 5.5% , no points
5/1 ARM 5.125%
3/1 ARM 4.75 %

For those looking to flip properties , look into "1 month MTA" currently at 1%. Your payment will be fixed for 1 year at 1%, however, it is a "deferred interest" loan or "negative amortization" which means, your loan balance will be higher than when you started, but at 1% you are paying $964/month on 300,000 loan.

MTA is currently the lowest index and comes with lowest margins.

i am a broker so if u have any q's or if u need a quote, hit me up
[email protected]

i do almost all states..my lenders are Bank of America/Chase/Citi/bankUnited/HSBC to name a few

Eric · 04-19-2005, 03:21 PM

Remember you have to get a welcome mat now that says "The House That Porn Bought." This is essential!

Snake Doctor · 04-19-2005, 03:26 PM

Quit giving him shit on the rate....based on the credit score he posted in the other thread he did pretty damn well.

Plus he got approved with his credit union which means there probably won't be any bullshit hidden fees or last minute rate hikes like alot of the mortgage brokers were trying to do to me when I bought my house.

ArkansasDave · 04-19-2005, 03:27 PM

Congrats

Snake Doctor · 04-19-2005, 03:30 PM

Hey Slick what are the specs on the house? Bedrooms, bathrooms, square footage...that kind of shit.

Also its in Michigan?

LoriAnderson · 04-19-2005, 03:33 PM

Congratulations

Are you in MI? what city did you buy if you are

Vittorio · 04-19-2005, 03:42 PM

Yeah, I JUST bought a house in Miami.

Rates are based on your credit score, your income, your bank accounts and holdings (stocks, etc.) your debts (credit card, other mortgages etc.). ALSO!! If you SHOW your income you get a certain rate, and if you do "STATED INCOME" where NO records of income are shown but just STATED BY YOU, you get another rate. It ALL depends. First time buyers get certain rates, 2nd, third time get others, how much ACTUAL debt you got into over the years (and the NUMBER OF YEARS) and how much you PAID OFF, partial or complete, ALL TALLY INTO YOUR RATE. Stated rates in the newspapers are on all those factors being in the FAVORABLE category for EACH INDIVIDUAL LENDER. Histoically 6.25 fixed 30 year is low. Higher though than a few months ago but rates have been fluxuating and are going up. Be HAPPY with what you got, because THAT IS WHAT YOU GOT!!

: )))

beta-tester · 04-19-2005, 03:50 PM

Congrats on your new home!!
Post pics ASAP, Im really curious to see more pics of it, including enterier. Btw. Where the house is located ?

SykkBoy · 04-19-2005, 03:52 PM

congrats man
nothing like buying your first house

pxxx · 04-19-2005, 03:56 PM

Congrats, good luck with your house.

e-god · 04-19-2005, 04:06 PM

congrats, you made a great step in your life

Alex · 04-19-2005, 04:07 PM

Damn nice house but 240k?

Where are you located?

That shit would be worth a good 600k in so.cal

BoNgHiTtA · 04-19-2005, 04:14 PM

Quote:

Originally Posted by Lenny2

Quit giving him shit on the rate....based on the credit score he posted in the other thread he did pretty damn well.

Plus he got approved with his credit union which means there probably won't be any bullshit hidden fees or last minute rate hikes like alot of the mortgage brokers were trying to do to me when I bought my house.

This is so true, the credit unions have the all out best deals I found. We are going through one as well.

Fucking mortgage brokers, there like bottom feeders.

04-19-2005, 11:43 AM	#1
Slick Confirmed User Industry Role: Join Date: Feb 2001 Location: Houghton, MI Posts: 7,338	I got my house loan approved Well guys, thanks for the confidence in this thread I went out and actually got pre-approved with my credit union pretty easily then looked at the house a second time and popped in an offer for $235K which the sellers gladly accepted. The real estate agent said that the sellers were pretty happy to have sold the house so fast, it was only on the market for 1 week before I saw it I'll have to take some pics of it once we get in there I really only have the exterior shot from the other thread.

04-19-2005, 12:02 PM	#5
spideriux Registered User Industry Role: Join Date: Feb 2005 Posts: 17,227	Congrats man __________________ FreeOnes

04-19-2005, 12:09 PM	#8
r3ap3r Confirmed User Join Date: Jul 2004 Location: Canada Posts: 3,535	Congrats on your first home. __________________ Fuck My Sig Good ICQ - 203744959

04-19-2005, 12:10 PM	#9
Basic_man Programming King Pin Industry Role: Join Date: Oct 2003 Location: Montreal Posts: 27,360	Holy fuck, nice house ! Congrats man ! __________________ UUGallery Builder - automated photo/video gallery plugin for Wordpress! Stop looking! Checkout Naked Hosting, online since 1999 !

04-19-2005, 12:11 PM	#10
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	That is awesome. Congrats man! __________________

04-19-2005, 11:44 AM	#2
wdsguy Ryde or Die Industry Role: Join Date: Dec 2002 Location: California-Shanghai Posts: 19,568	DUDE congrats on owning your first home!!

04-19-2005, 11:47 AM	#4
boner 2.0 Too lazy to set a custom title Join Date: Jul 2004 Posts: 10,970	Congrats

04-19-2005, 12:02 PM	#6
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,409	Fucking nice! I am looking at buying a home towards the end of the year myself. Nice to see a fellow GFY'er 'making it'!

04-19-2005, 12:06 PM	#7
Slick Confirmed User Industry Role: Join Date: Feb 2001 Location: Houghton, MI Posts: 7,338	Thanks for all of the posts guys, I appreciate them. It's a great feeling moving up to a house like that, it's like a dream

04-19-2005, 12:11 PM	#11
Cassie Confirmed User Join Date: Mar 2003 Location: NJ Posts: 3,139	congrats on your home ownership! __________________ ICQ: 309756847 ]

04-19-2005, 12:15 PM	#12
Metalsound Confirmed User Join Date: Mar 2005 Location: Right now . . . Everywhere Posts: 880	Congrats !!

04-19-2005, 12:16 PM	#13
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	very nice, congrats. I'm hoping to find myself a nice place here soon.

04-19-2005, 12:17 PM	#14
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	by the way, what type of loan did you go for etc?

04-19-2005, 12:34 PM	#16
Jimmie Confirmed User Join Date: Dec 2003 Location: Ft Worth TX! Posts: 872	congrats Slick... good to see a long time friend doing well.

04-19-2005, 01:04 PM	#18
strobi Confirmed User Join Date: Nov 2002 Location: Belgium Posts: 7,383	woa! that's fast! congrats!

04-19-2005, 02:12 PM	#19
webspider Confirmed User Join Date: Mar 2001 Location: Canada Posts: 340	Congrats! __________________ Weird Stuff

04-19-2005, 02:30 PM	#22
VeriSexy Join The Royal Family Join Date: Apr 2002 Posts: 25,463	Congrats dude __________________ Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN! Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos. With TOP RATIO Sites like TeenStarsOnly.com - Earn $$ with our New Site & Bonus Payouts!! ATMovs.com \| iTeenVideo.com \| TeenSexMovs.com \| TeenSexMania.com

04-19-2005, 02:41 PM	#23
nuttyrom Confirmed User Industry Role: Join Date: Jan 2003 Location: San Diego Posts: 256	congrats!

04-19-2005, 02:43 PM	#24
CDSmith Too lazy to set a custom title Industry Role: Join Date: May 2001 Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am I located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :) Posts: 51,460	All good things come to guys named Slick :D Congrats buddy. __________________ *Promote Wildmatch, ImLive, Sexier.com, and more!!* ALWAYS THE HIGHEST PAYOUTS: Big Bux/ImLive SIGNUP ON NOW!!! Put some PUSSYCA$H in your pocket. ICQ me at: 31024634

04-19-2005, 02:47 PM	#25
axelcat Adult Locals Join Date: Jun 2002 Location: West Coast Posts: 25,450	congrats

04-19-2005, 02:48 PM	#26
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397	Congratulations buddy. A first home is a fantastic accomplishment.

04-19-2005, 02:52 PM	#27
Hera, the Apocalypse Confirmed User Join Date: Dec 2004 Location: i'm from the heavens... Posts: 181	congratulations! keep it clean __________________ ICQ 265884066

04-19-2005, 02:54 PM	#28
BoNgHiTtA Confirmed User Join Date: May 2003 Location: Seattle Posts: 2,176	I have been bidding on houses in Seattle for 8 months now Just got approved for a higher amount now, 500K. Not bad for a 27 year old first time home buyer. Will bid on another house this week. This one I really hope I get, its a really nice place very close to downtown. Goodluck on your new house as well. __________________ Wanna see how Adult Site Traffic Scammed me? Click Here:

04-19-2005, 02:56 PM	#29
CDSmith Too lazy to set a custom title Industry Role: Join Date: May 2001 Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am I located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :) Posts: 51,460	Slickster, I hope you're going to put that Canadian shot glass I sent you to good use, to you know... break in the new digs. :D __________________ *Promote Wildmatch, ImLive, Sexier.com, and more!!* ALWAYS THE HIGHEST PAYOUTS: Big Bux/ImLive SIGNUP ON NOW!!! Put some PUSSYCA$H in your pocket. ICQ me at: 31024634

04-19-2005, 03:19 PM	#30
adis55 Confirmed User Join Date: Jun 2004 Location: Ft.Lauderdale Posts: 193	pre-approval doesnt mean shit you still have to meet all loan conditons, appraisal to be reviewed by lender and all other bullshit (title, insurance, inspection ) 6.25% might not be bad in the state you are in but it is kinda high todays a-paper rates are : 30yr fixed is 5.5% , no points 5/1 ARM 5.125% 3/1 ARM 4.75 % For those looking to flip properties , look into "1 month MTA" currently at 1%. Your payment will be fixed for 1 year at 1%, however, it is a "deferred interest" loan or "negative amortization" which means, your loan balance will be higher than when you started, but at 1% you are paying $964/month on 300,000 loan. MTA is currently the lowest index and comes with lowest margins. i am a broker so if u have any q's or if u need a quote, hit me up [email protected] i do almost all states..my lenders are Bank of America/Chase/Citi/bankUnited/HSBC to name a few

04-19-2005, 03:21 PM	#31
Eric Confirmed User Industry Role: Join Date: Dec 2000 Location: The Helm! Posts: 8,818	Remember you have to get a welcome mat now that says "The House That Porn Bought." This is essential! __________________ No One

04-19-2005, 03:26 PM	#32
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	Quit giving him shit on the rate....based on the credit score he posted in the other thread he did pretty damn well. Plus he got approved with his credit union which means there probably won't be any bullshit hidden fees or last minute rate hikes like alot of the mortgage brokers were trying to do to me when I bought my house. __________________ sig too big

04-19-2005, 03:27 PM	#33
ArkansasDave Confirmed User Join Date: Jan 2002 Location: San Diego, Ca Posts: 2,148	Congrats __________________ -ArkansasDave! ICQ: 759-84452 CDGirls.com Do It!

04-19-2005, 03:30 PM	#34
Snake Doctor I'm Lenny2 Bitch Join Date: Mar 2001 Location: On top of my soapbox Posts: 13,449	Hey Slick what are the specs on the house? Bedrooms, bathrooms, square footage...that kind of shit. Also its in Michigan? __________________ sig too big

04-19-2005, 03:33 PM	#35
LoriAnderson Confirmed User Industry Role: Join Date: Feb 2003 Location: USA Posts: 1,713	Congratulations Are you in MI? what city did you buy if you are __________________ Luv Lori xoxo LotzaDollars Dream-Cash Guy-Dollars Skype: Lori-Anderson

04-19-2005, 03:42 PM	#36
Vittorio Confirmed User Join Date: May 2003 Posts: 1,974	Yeah, I JUST bought a house in Miami. Rates are based on your credit score, your income, your bank accounts and holdings (stocks, etc.) your debts (credit card, other mortgages etc.). ALSO!! If you SHOW your income you get a certain rate, and if you do "STATED INCOME" where NO records of income are shown but just STATED BY YOU, you get another rate. It ALL depends. First time buyers get certain rates, 2nd, third time get others, how much ACTUAL debt you got into over the years (and the NUMBER OF YEARS) and how much you PAID OFF, partial or complete, ALL TALLY INTO YOUR RATE. Stated rates in the newspapers are on all those factors being in the FAVORABLE category for EACH INDIVIDUAL LENDER. Histoically 6.25 fixed 30 year is low. Higher though than a few months ago but rates have been fluxuating and are going up. Be HAPPY with what you got, because THAT IS WHAT YOU GOT!! : ))) __________________ 28 GIGS of Hardcore Content for $69 !!

04-19-2005, 03:50 PM	#37
beta-tester Rock 'n Roll Baby! Join Date: Sep 2004 Location: USA, temporarly Posts: 22,562	Congrats on your new home!! Post pics ASAP, Im really curious to see more pics of it, including enterier. Btw. Where the house is located ? __________________ Sig for sale. Affordable prices. Contact me and get a great deal ;) My contact: ICQ: 944-320-46 e-mail: manca {AT} HotFreeSex4All.com

04-19-2005, 03:52 PM	#38
SykkBoy Jesus loves bacon Industry Role: Join Date: Feb 2001 Location: Sin City, Motherfucker Posts: 19,969	congrats man nothing like buying your first house __________________ Support my new movie “The Second Coming”

04-19-2005, 03:56 PM	#39
pxxx First African GFY Member Join Date: Mar 2004 Location: New Jersey Posts: 12,114	Congrats, good luck with your house.

04-19-2005, 04:06 PM	#40
e-god Confirmed User Join Date: Jan 2003 Location: BabeLand Posts: 1,736	congrats, you made a great step in your life __________________