Loan application?

bruce · Post by **bruce** » Tue Jan 28, 2003 2:20 pm

So, how did it go?

Did they say, "Lend you money? Are you high? Are you smoking fucking crack?" Or did they say "Yessir, sign right here.....IN BLOOD?"

Bruce

Ice Cream Jonsey · Post by **Ice Cream Jonsey** » Tue Jan 28, 2003 2:49 pm

He ended up moving it to Wednesday. I play softball with the guy and have known him for a few years now, so it's all pretty casual.

I don't see how people regularly get up at 8:00am, though. It will be twice this week, now, that I will have to do so and I can safely state that if there was one computer game that perfectly mapped to an existence where I had to be up at 8:00 and to work by 9:00 every day it would be DOOM II: HELL ON EARTH.

Ice Cream Jonsey · Post by **Ice Cream Jonsey** » Wed Jan 29, 2003 2:02 pm

Well, the preliminary range looks to be 190K. I guess my credit history and what I can drop on a down payment would adjust that, though. That's not enough to get the house that I was gunning for (a friend of mine is selling his place and moving to Idaho -- it's a great place and in a solid location, but he wanted at least 209K) but it should keep me out of a cardboard box if I go house hunting in Loveland, Berthoud or one of the other towns between the Fort and Longmont. (I think, at least.)

My friend at the mortgage place gave me the numbers of a couple realtors to talk to. I'll probably try to get a Q&A going with my father first so I know what to look out for. It would also help if I did some research to see what housing taxes are in the various cities around here. I think they pay you to live in Longmont rather than tax you, but with that comes the understanding that someone will eventually probably kill you.

bruce · Post by **bruce** » Wed Jan 29, 2003 2:14 pm

Ice Cream Jonsey wrote:Well, the preliminary range looks to be 190K. I guess my credit history and what I can drop on a down payment would adjust that, though. That's not enough to get the house that I was gunning for (a friend of mine is selling his place and moving to Idaho -- it's a great place and in a solid location, but he wanted at least 209K)

Yeah, but most places are going to want 20 to 25% down.

So once you've done that, you have plenty of credit left for the house.

Bruce