Started By
Message

re: So all I need to do to afford a $750,000 house

Posted on 3/20/25 at 8:09 am to
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 3/20/25 at 8:09 am to
quote:

Yes the person that said closing costs on a purchase can be rolled into the loan
you think they can't? Holy shite you are a dumbass
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41093 posts
Posted on 3/20/25 at 8:10 am to
quote:

Actually not, you can roll that into the mortgage.


holy shite lmao. Make sure you wait until you have 20% saved up so you don't have PMI, but go ahead and finance your closing costs for 30 years
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98126 posts
Posted on 3/20/25 at 8:14 am to
quote:

you think they can't? Holy shite you are a dumbass


Please explain to us how you dont come out of pocket for closing costs on a purchase
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 3/20/25 at 8:17 am to
quote:

Please explain to us how you dont come out of pocket for closing costs on a purchase
Please explain why you keep bumping a thread where you continue to get exposed as a fricking imbecile
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98126 posts
Posted on 3/20/25 at 8:18 am to
So you cant explain it?

You are the one who bumped this thread

Whats wrong with you inbreds
Posted by wackatimesthree
Member since Oct 2019
13517 posts
Posted on 3/20/25 at 8:23 am to
quote:

Please explain to us how you dont come out of pocket for closing costs on a purchase


No one said you don't come out of pocket, but you don't have to come out of pocket all at once.

Your bank approves you for the cost of the house plus the closing costs and your loan amount just goes up and you roll it into the loan.

I don't recommend it b/c now you're paying interest on the closing costs, but people do it every day.

Why are you so dumb that you wouldn't even Google search that before embarrassing yourself by claiming it couldn't be done? It's easily searchable.

You really are one of those people who is so stupid that you don't have any handle on how stupid you are, and you honestly think it is everybody else who is stupid. Those are the worst kind of stupid people.

Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98126 posts
Posted on 3/20/25 at 8:25 am to
quote:

Your bank approves you for the cost of the house plus the closing costs and your loan amount just goes up and you roll it into the loan.


What the frick

You need to log off
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 3/20/25 at 8:26 am to
quote:

What the frick
Exposed again
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98126 posts
Posted on 3/20/25 at 8:28 am to
Please explain how its done. Your tard buddy is talking about a refi

Banks dont roll in closing costs on a purchase
Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 3/20/25 at 8:30 am to
quote:

SDVTiger
Let me repeat this for you. I will type much S-L-O-W-E-R this time.

It is better to sit quietly and let those around you think you are a babbling idiot than to open your mouth (or in this case actuate your keyboard) and remove all doubt.

Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 3/20/25 at 8:33 am to
quote:

Banks dont roll in closing costs on a purchase
Wow. Just wow.

You can google it yourself. Go ahead. Type into google, Can banks roll closing costs into a mortgage loan. Do it. Please do it so you can see just how fricking stupid you truly are


Posted by SmackoverHawg
Member since Oct 2011
31608 posts
Posted on 3/20/25 at 8:35 am to
quote:

This generation thinks it's unfair people have more money than they do.

They have been brainwashed that they are poor because Elon is rich.


Social media and television has warped what they think is normal.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98126 posts
Posted on 3/20/25 at 8:35 am to
You 3 morons can keep barking yet not one of you can explain how you roll in closing costs on a PURCHASE had to cap that so you know this is specific

Im sure you will give one example of one time on earth it happened via a program 99.99999% of ppl cant get as an example but please explain how this can happen

Not one attempt other than a google search

Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 3/20/25 at 8:36 am to
From the Great Google.

"Many lenders offer no-closing-cost mortgages, meaning you won't pay the closing costs upfront on closing day. Instead, they're rolled into the overall loan balance — increasing the principal — or the lender charges a higher interest rate on the loan."
Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 3/20/25 at 8:38 am to
quote:

Not one attempt other than a google search
What more do you need? No amount of evidence will be enough to convince you that you are wrong.
Posted by AuburnTigers
9x National Champion
Member since Aug 2013
17432 posts
Posted on 3/20/25 at 8:39 am to
quote:

What more do you need? No amount of evidence will be enough to convince you that you are wrong.
it truly is pathetic. SVD is not an intelligent person.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138962 posts
Posted on 3/20/25 at 8:39 am to
quote:

Please explain how they can
You simply identify a broker offering to roll points into the mortgage.
This post was edited on 3/20/25 at 8:43 am
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
98126 posts
Posted on 3/20/25 at 8:40 am to
quote:

Many lenders offer no-closing-cost mortgages


There is no such thing the CFPB can fine you for this

quote:

the lender charges a higher interest rate on the loan.


Finally getting closer. So you scholars would chose a much higher rate to get the credit to cover the costs? You would chose to finance the closing costs and pay more interest?

Mr 20% down

Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
138962 posts
Posted on 3/20/25 at 8:42 am to
...
This post was edited on 3/20/25 at 8:43 am
Posted by RollTide4547
Member since Dec 2024
4723 posts
Posted on 3/20/25 at 8:45 am to
quote:

So you scholars would chose a much higher rate to get the credit to cover the costs?
No one has said it was wise, we simply said it was possible.

quote:

You would chose to finance the closing costs and pay more interest?
In the big scope of things, the interest on that 2500 bucks closing costs when you are getting a 150K loan is nothing. Current rates, 7% of 2500 would be $175 a year. Simply pay an addition $100 to principal each month and you've offset the 2500 in 25 months.
Jump to page
Page First 27 28 29 30 31 ... 34
Jump to page
first pageprev pagePage 29 of 34Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram