Home Savings vs. Mortgages

Look, just ask someone or check the bank's website—for crying out loud... am I really expected to read through all that fine print just to summarize it for you?

silverbison293 said:Look, just ask someone or check the bank's website—for crying out loud... am I really expected to read through all that fine print just to summarize it for you?

The reason I'm asking is that I feel like I might be missing something, or maybe the info out there is just a bit confusing.
To be clear, I'm not actually looking for a loan; I'm just curious about how it works.

For instance, my savings plan hit its five-year mark recently. I put in two installments of $25,000 each $0.00. Based on those savings, it looks like I'd qualify for an $11,000 loan at a fixed rate.

I actually set this up way back when I was still in college. I probably wouldn't mess around with it like that anymore.

I don't need the credit, so I won't be taking it. It just seems odd to me—like there's an $11,000 cap on my end, but it doesn't seem to apply to others.
I'm just trying to wrap my head around it.

Jacob Miller2 said:The reason I'm asking is that I feel like I might be missing something, or maybe the info out there is just a bit confusing.
To be clear, I'm not actually looking for a loan; I'm just curious about how it works.

For instance, my savings plan hit its five-year mark recently. I put in two installments of $25,000 each $0.00. Based on those savings, it looks like I'd qualify for an $11,000 loan at a fixed rate.

I actually set this up way back when I was still in college. I probably wouldn't mess around with it like that anymore.

I don't need the credit, so I won't be taking it. It just seems odd to me—like there's an $11,000 cap on my end, but it doesn't seem to apply to others.
I'm just trying to wrap my head around it.

I’ll have to dig through my paperwork... who actually remembers all these details?

In my experience, the key was the property value. I was buying a condo worth three times the loan amount I requested, so the bank was incredibly flexible...

I kept things simple to avoid any confusion. Once they realized I was asking for such a "small" amount against a property with that much equity, there weren't any issues at all.

5.5% fixed interest rate following the housing savings period.

It isn't restricted, Michael Mendoza17. Once the savings period expires, you can negotiate a contract for whatever amount you require. However, at that stage, lenders will start looking at fees, creditworthiness, and collateral based on that total figure. Before that point, under the agreed terms, guarantees are almost never required.

Greetings. I have spent some time crunching the numbers on paper, and an idea has occurred to me:

My home savings plan is set to mature in about a month or two. The target amount we agreed upon was $12,000. To date, I have contributed roughly $5,200, which means I am eligible for an additional $6,800 in credit. I handled all the fees and administrative costs upfront.

According to my signed agreement, the interest rate on that loan would be 5.5% APR.

Currently, the interest rate on my fixed-term savings account—including bonuses and everything else—is approximately 7%.

My question is this: will the bank approve my mortgage loan if I intend to immediately move those funds into a fixed-term deposit with them? They are aware of the math, aren't they? If they grant the loan, won't they essentially be paying out more than they are taking from me?

To me, the calculation is simple. No matter how you look at it, a profit is guaranteed.

Has anyone here attempted this strategy before? Did it work? 😉
Perhaps it would be more prudent to tell them the funds are intended for home renovations? Should I provide them with a fabricated estimate? My intention was to pay off the loan within a single year—the shortest possible term.

Doesn't that loan money go straight to the seller or the renovation contractor's account? (So nothing is handled under the table)🤷

No, the funds go directly to the vendors unless you provide an invoice dated prior to the loan approval. If you submit a pro forma invoice instead, the money hits your own account, but you are required to use it within 24 months. That was my reasoning for suggesting you withdraw the cash. Why not move those funds into a high-yield savings account at another bank with great rates? You could then simply pay your monthly installments as usual. I receive my benefit, they get their payout, and everyone wins. 😁

It seems like there isn't any sort of bonus available unless you take out a loan.
In my experience with my mortgage, I actually end up getting about $167 in bonuses if I just withdraw the funds—essentially combining the principal, interest, and the CD returns—rather than opting for a loan.

I guess it really comes down to whether you think taking the loan is worth the hassle. What do you think the actual difference would be if we're looking at a 7% return versus a 5.5% loan rate?

Gregory Williams7 said:Greetings. I have spent some time crunching the numbers on paper, and an idea has occurred to me:

My home savings plan is set to mature in about a month or two. The target amount we agreed upon was $12,000. To date, I have contributed roughly $5,200, which means I am eligible for an additional $6,800 in credit. I handled all the fees and administrative costs upfront.

According to my signed agreement, the interest rate on that loan would be 5.5% APR.

Currently, the interest rate on my fixed-term savings account—including bonuses and everything else—is approximately 7%.

My question is this: will the bank approve my mortgage loan if I intend to immediately move those funds into a fixed-term deposit with them? They are aware of the math, aren't they? If they grant the loan, won't they essentially be paying out more than they are taking from me?

To me, the calculation is simple. No matter how you look at it, a profit is guaranteed.

Has anyone here attempted this strategy before? Did it work? 😉
Perhaps it would be more prudent to tell them the funds are intended for home renovations? Should I provide them with a fabricated estimate? My intention was to pay off the loan within a single year—the shortest possible term.

Are you absolutely certain the contract specifies the effective interest
rate?

Gregory Williams7 said:No, the funds go directly to the vendors unless you provide an invoice dated prior to the loan approval. If you submit a pro forma invoice instead, the money hits your own account, but you are required to use it within 24 months. That was my reasoning for suggesting you withdraw the cash. Why not move those funds into a high-yield savings account at another bank with great rates? You could then simply pay your monthly installments as usual. I receive my benefit, they get their payout, and everyone wins. 😁

I actually think you've got that backwards... if you have an invoice you already paid before the loan was even disbursed, then you can get that amount in cash... but they approve the credit and pay the seller directly based on a pro forma or a pending invoice...

We dealt with a small loan through Wells Fargo about two years ago, and getting any kind of cash payout wasn't even an option back then—and honestly, I highly doubt they've changed their policy since...

@tiliw ... did you actually go through with that loan using your savings balance, or was it more of a bridge loan setup?

@markos ... look, the total amount is strictly capped based on what's laid out in your savings agreement—basically, they designate a specific target amount there—unless, of course, the bank is running some special promotion at the time.

Kimberly Nguyen said:@tiliw ... did you actually go through with that loan using your savings balance, or was it more of a bridge loan setup?

@markos ... look, the total amount is strictly capped based on what's laid out in your savings agreement—basically, they designate a specific target amount there—unless, of course, the bank is running some special promotion at the time.

I used bridge financing for the first two years.

In my case, I didn't even have to put down that 40% down payment—or whatever percentage it is—that people usually talk about when using savings to secure a loan.🤷

It feels like we aren't exactly dealing with facts here. I’m looking at that one post where someone claims they pulled a $100,000 loan at a fixed 4.5% rate without any collateral, a co-signer, or anything else. I mean, if that's actually true, fine—but I'd love to see where and how that happened. It seems more likely to be a bit of an exaggeration.

To give some context, I have two different savings accounts over at Chase. One of my wife's accounts at another bank is set to expire in about a month, and the terms are almost identical. So, I suspect these claims might not hold much water.
Maybe I'm off base here... but I don't think so. There might be a 1% or 2% difference somewhere, but certainly nothing as drastic as what's being described.

The only thing I've noticed is how certain facts seem to really rattle people. I'll state something that is objectively true, and for some reason I can't quite wrap my head around, people just start getting upset. I honestly don't get why.🙂

Kimberly Nguyen said:@tiliw ... did you actually go through with that loan using your savings balance, or was it more of a bridge loan setup?

@markos ... look, the total amount is strictly capped based on what's laid out in your savings agreement—basically, they designate a specific target amount there—unless, of course, the bank is running some special promotion at the time.

I know people who secured a $60,000 loan under those exact terms once their savings matured. Essentially, the "contracted amount" simply increased, though they naturally had to cover the fees and extra costs. For instance, when signing the contract, one person paid a $110 fee (1%), and then later had to pay an additional $490 to cover the difference up to the $600 total fee.

[QUOTE=AustinPowers;22251586]It seems like people aren't exactly telling the truth here. I’m talking about that post where someone supposedly pulled a $100,000 loan with a fixed 4.5% interest rate—no life insurance, no co-signer, nothing. I mean, if that's true, fine, but they should say where and how. Most likely, it's just a lie.
QUOTE]

Look, AustinPowers,
that loan was taken out back in 2007 before the fall, through Chase, and since it was a mortgage, it went through a savings plan.

The loan is in US dollars with fixed rates. The only catch was that for the first three years, the rate was 3.8%, and then it bumped to 4.5% for the remaining 17 years.

Back in 2007, they were actually starting to offer fixed dollar loans (because everyone else was jumping on those Swiss franc or Euro options), and you can even find proof—look under other threads where people mentioned taking out loans under the exact same terms my partner and I did.

Here, for example, is a link from 2007, specifically from March (which means six months before we took our loan out)... just so you can refresh your memory on what the conditions looked like in 2007.

Later on, they even ran at least two or three more promotions with even lower rates.
When we were applying, it happened to be the very last such promotion at Chase and Wells Fargo, and we qualified under the young adult criteria (special loans for young professionals).

(They actually ran commercials during the news on local TV, right when the countdown clock starts ticking down)

http://www.seebiz.eu/hr/banke/stednj...006.,2184.html
...The rise in interest is a result of high returns on home savings, which grants the right to a favorable mortgage with a fixed interest rate...

Honestly, I couldn't care less whether you believe me or not. I was originally responding to a post made by stipe74, so I was addressing him.

And now—whether you believe me or not, I really don't care. It doesn't change my interest rate, it doesn't affect the exchange rate, and if rates drop to 2%, I'm not going to go out and call anyone out. I don't pay $100 a month for life insurance, I'm not acting as a guarantor for my husband, and I have my own creditworthiness for whatever "rainy day" might come. We have plenty of other things to worry about that aren't tied to a mortgage or credit scores.

If you're seriously curious, give Chase a call, ask for the lending department, and see if they had a promotion like that before the fall... or just type "Chase 2007 Wells Fargo mortgage" into Google and read what the terms were back then.

And for the record, the loan was larger than $100,000, and we don't pay for life insurance or use co-signers because our property meets all the requirements and LTV ratios, like 1:1 or 1:1.25.

If you want to know anything else, just ask, but don't just sit there typing away accusing people of lying.

Just because you aren't aware of something doesn't mean it doesn't exist or didn't happen...

Since you have access to the internet, do a little Googling if you're too lazy to call and ask directly.
Just because someone doesn't hand you information on a silver platter doesn't mean everyone is lying.

goldentrucker18 said:[QUOTE=AustinPowers;22251586]It seems like people aren't exactly telling the truth here. I’m talking about that post where someone supposedly pulled a $100,000 loan with a fixed 4.5% interest rate—no life insurance, no co-signer, nothing. I mean, if that's true, fine, but they should say where and how. Most likely, it's just a lie.
QUOTE]

Look, AustinPowers,
that loan was taken out back in 2007 before the fall, through Chase, and since it was a mortgage, it went through a savings plan.

The loan is in US dollars with fixed rates. The only catch was that for the first three years, the rate was 3.8%, and then it bumped to 4.5% for the remaining 17 years.

Back in 2007, they were actually starting to offer fixed dollar loans (because everyone else was jumping on those Swiss franc or Euro options), and you can even find proof—look under other threads where people mentioned taking out loans under the exact same terms my partner and I did.

Here, for example, is a link from 2007, specifically from March (which means six months before we took our loan out)... just so you can refresh your memory on what the conditions looked like in 2007.

Later on, they even ran at least two or three more promotions with even lower rates.
When we were applying, it happened to be the very last such promotion at Chase and Wells Fargo, and we qualified under the young adult criteria (special loans for young professionals).

(They actually ran commercials during the news on local TV, right when the countdown clock starts ticking down)

http://www.seebiz.eu/hr/banke/stednj...006.,2184.html
...The rise in interest is a result of high returns on home savings, which grants the right to a favorable mortgage with a fixed interest rate...

Honestly, I couldn't care less whether you believe me or not. I was originally responding to a post made by stipe74, so I was addressing him.

And now—whether you believe me or not, I really don't care. It doesn't change my interest rate, it doesn't affect the exchange rate, and if rates drop to 2%, I'm not going to go out and call anyone out. I don't pay $100 a month for life insurance, I'm not acting as a guarantor for my husband, and I have my own creditworthiness for whatever "rainy day" might come. We have plenty of other things to worry about that aren't tied to a mortgage or credit scores.

If you're seriously curious, give Chase a call, ask for the lending department, and see if they had a promotion like that before the fall... or just type "Chase 2007 Wells Fargo mortgage" into Google and read what the terms were back then.

And for the record, the loan was larger than $100,000, and we don't pay for life insurance or use co-signers because our property meets all the requirements and LTV ratios, like 1:1 or 1:1.25.

If you want to know anything else, just ask, but don't just sit there typing away accusing people of lying.

Just because you aren't aware of something doesn't mean it doesn't exist or didn't happen...

Since you have access to the internet, do a little Googling if you're too lazy to call and ask directly.
Just because someone doesn't hand you information on a silver platter doesn't mean everyone is lying.

It looks like I hit a nerve, seeing as the truth seems to be causing such a stir here. ☕
One thing that proves my point is just how calmly I laid this all out. I didn't even resort to calling anyone a liar. It's funny how much the truth can sting and trigger these kinds of reactions... I guess I did something right there. 🙂
Anyway, hope things settle down.

It’s not that I’m being lazy; I just don't need a loan, so I haven't bothered looking for one.
If you check Google for 2007 rates, they show slightly higher interest than what you're claiming, and those links you provided actually say the same thing. 🙂 In fact, those very links seem to contradict your own argument.

My parents took out loans a long time ago, and by the time they reached the final payment, the amount was basically the price of a pack of cigarettes. Times have certainly changed.

Jacob Miller2 said:It looks like I hit a nerve, seeing as the truth seems to be causing such a stir here. ☕
One thing that proves my point is just how calmly I laid this all out. I didn't even resort to calling anyone a liar. It's funny how much the truth can sting and trigger these kinds of reactions... I guess I did something right there. 🙂
Anyway, hope things settle down.

It’s not that I’m being lazy; I just don't need a loan, so I haven't bothered looking for one.
If you check Google for 2007 rates, they show slightly higher interest than what you're claiming, and those links you provided actually say the same thing. 🙂 In fact, those very links seem to contradict your own argument.

My parents took out loans a long time ago, and by the time they reached the final payment, the amount was basically the price of a pack of cigarettes. Times have certainly changed.

Look, I see how you’ve been going at it with everyone else on this forum—honestly, there’s no way I can take you seriously.
(npr. sa drugog podforuma: Hehe, it’s actually pretty great to see you showing your true colors like this. Honestly, it’s kind of satisfying that I was able to corner you so effectively in that other thread—I basically laid out the facts and truths so clearly that you just had to bolt from the conversation because you couldn't handle the reality of it all. Heheheheheh.)

Look, I wrote my response to you perfectly clearly—I wasn't being difficult or anything like that. What I was doing was simply highlighting the specific points that actually require your attention...
Look, I wasn’t yelling at anyone—I was just typing in all caps. Honestly, I don't even know what you think I'm picking a fight over? Just because I used an underline doesn't mean I'm throwing a tantrum or anything (seriously???).

If someone actually tried to get under my skin on this forum, they’d quickly realize I don't exactly have the thinnest skin—though, admittedly, I can be a bit of a hothead when people start talking nonsense. I might lose my cool, but at least I'm honest about it.
What if the person is only 14? That would mean I’m basically stuck in a legal tug-of-war over a loan with a minor... which, let's be honest, sounds like a complete nightmare.
To put it bluntly—nothing on this forum is ever taken seriously.!
I honestly thought that was just common sense—something most people would have picked up on without me having to spell it out.

The reason I shot you a direct response to that link was simple—you actually had the nerve to claim I was lying. But hey, what can you do? If I’m going to stick my neck out and get poked by the horns, that’s just how it goes, I guess. 🤷

Regarding those links—I already laid it out clearly: they point back to March 2007. My own data goes all the way back to the fall of '07, and if I recall correctly, there were at least two or three new stock offerings launched right around that same window. Seriously, what is the confusion here?

If you’re actually feeling satisfied because you think you managed to "get a dig in" at me, then that honestly just says everything about how much headspace you're wasting on other people's reactions—in your case, being proud of some little jab. As for me? I didn't feel a thing. It didn't sting, it didn't hurt, and it certainly didn't land. 🤷

At the end of the day—after all the noise has died down and we’ve finally stopped spinning our wheels—it really just comes down to this.
Man, you’re asking so many questions about this mortgage that I’m starting to wonder—even with all the money you and your wife have managed to squirrel away, is it still not enough to qualify for a decent loan?

Nice one!
Honestly, you've completely floored me—your sheer level of knowledge and the way you lay out your arguments just leaves me totally speechless.

I mean, seriously, though— Why are you looking so disheveled???🤷 Honestly, whatever anyone types, you just have to jump in immediately—you’re constantly picking fights and looking for an argument with everyone. It feels like you're intentionally trying to push back just for the sake of it... I don't know, it makes reading your stuff a little exhausting after a while.

P.S. Now that you’ve decided to take a shot at me—honestly, I’m dying to know—exactly what kind of "truth" are you actually talking about here? The truth hurts. (Who cares? Not me, anyway.)
I was wondering—have you actually dug up anything regarding my marriage or my family’s health situation? Or maybe found out if someone's been playing games and cheating behind anyone's back... I'm just trying to get ahead of things before some kind of drama catches up to me. What exactly are we talking about here? Truth about what? Hurting...??!! Honestly, I have absolutely no clue what you're even talking about.

Take care of yourselves out there.

... I am falling for it again. 😢 I have much more productive work to attend to.

goldentrucker18 said:Look, I see how you’ve been going at it with everyone else on this forum—honestly, there’s no way I can take you seriously.
(npr. sa drugog podforuma: Hehe, it’s actually pretty great to see you showing your true colors like this. Honestly, it’s kind of satisfying that I was able to corner you so effectively in that other thread—I basically laid out the facts and truths so clearly that you just had to bolt from the conversation because you couldn't handle the reality of it all. Heheheheheh.)

Look, I wrote my response to you perfectly clearly—I wasn't being difficult or anything like that. What I was doing was simply highlighting the specific points that actually require your attention...
Look, I wasn’t yelling at anyone—I was just typing in all caps. Honestly, I don't even know what you think I'm picking a fight over? Just because I used an underline doesn't mean I'm throwing a tantrum or anything (seriously???).

If someone actually tried to get under my skin on this forum, they’d quickly realize I don't exactly have the thinnest skin—though, admittedly, I can be a bit of a hothead when people start talking nonsense. I might lose my cool, but at least I'm honest about it.
What if the person is only 14? That would mean I’m basically stuck in a legal tug-of-war over a loan with a minor... which, let's be honest, sounds like a complete nightmare.
To put it bluntly—nothing on this forum is ever taken seriously.!
I honestly thought that was just common sense—something most people would have picked up on without me having to spell it out.

The reason I shot you a direct response to that link was simple—you actually had the nerve to claim I was lying. But hey, what can you do? If I’m going to stick my neck out and get poked by the horns, that’s just how it goes, I guess. 🤷

Regarding those links—I already laid it out clearly: they point back to March 2007. My own data goes all the way back to the fall of '07, and if I recall correctly, there were at least two or three new stock offerings launched right around that same window. Seriously, what is the confusion here?

If you’re actually feeling satisfied because you think you managed to "get a dig in" at me, then that honestly just says everything about how much headspace you're wasting on other people's reactions—in your case, being proud of some little jab. As for me? I didn't feel a thing. It didn't sting, it didn't hurt, and it certainly didn't land. 🤷

At the end of the day—after all the noise has died down and we’ve finally stopped spinning our wheels—it really just comes down to this.
Man, you’re asking so many questions about this mortgage that I’m starting to wonder—even with all the money you and your wife have managed to squirrel away, is it still not enough to qualify for a decent loan?

Nice one!
Honestly, you've completely floored me—your sheer level of knowledge and the way you lay out your arguments just leaves me totally speechless.

I mean, seriously, though— Why are you looking so disheveled???🤷 Honestly, whatever anyone types, you just have to jump in immediately—you’re constantly picking fights and looking for an argument with everyone. It feels like you're intentionally trying to push back just for the sake of it... I don't know, it makes reading your stuff a little exhausting after a while.

P.S. Now that you’ve decided to take a shot at me—honestly, I’m dying to know—exactly what kind of "truth" are you actually talking about here? The truth hurts. (Who cares? Not me, anyway.)
I was wondering—have you actually dug up anything regarding my marriage or my family’s health situation? Or maybe found out if someone's been playing games and cheating behind anyone's back... I'm just trying to get ahead of things before some kind of drama catches up to me. What exactly are we talking about here? Truth about what? Hurting...??!! Honestly, I have absolutely no clue what you're even talking about.

Take care of yourselves out there.

I was just talking to someone who, for whatever reason, decided to lose their cool with me. So, I had to bring them back down to earth. Once they showed their true self, I just commented on it.

goldentrucker18 said:Look, I see how you’ve been going at it with everyone else on this forum—honestly, there’s no way I can take you seriously.
(npr. sa drugog podforuma: Hehe, it’s actually pretty great to see you showing your true colors like this. Honestly, it’s kind of satisfying that I was able to corner you so effectively in that other thread—I basically laid out the facts and truths so clearly that you just had to bolt from the conversation because you couldn't handle the reality of it all. Heheheheheh.)

Look, I wrote my response to you perfectly clearly—I wasn't being difficult or anything like that. What I was doing was simply highlighting the specific points that actually require your attention...
Look, I wasn’t yelling at anyone—I was just typing in all caps. Honestly, I don't even know what you think I'm picking a fight over? Just because I used an underline doesn't mean I'm throwing a tantrum or anything (seriously???).

If someone actually tried to get under my skin on this forum, they’d quickly realize I don't exactly have the thinnest skin—though, admittedly, I can be a bit of a hothead when people start talking nonsense. I might lose my cool, but at least I'm honest about it.
What if the person is only 14? That would mean I’m basically stuck in a legal tug-of-war over a loan with a minor... which, let's be honest, sounds like a complete nightmare.
To put it bluntly—nothing on this forum is ever taken seriously.!
I honestly thought that was just common sense—something most people would have picked up on without me having to spell it out.

The reason I shot you a direct response to that link was simple—you actually had the nerve to claim I was lying. But hey, what can you do? If I’m going to stick my neck out and get poked by the horns, that’s just how it goes, I guess. 🤷

Regarding those links—I already laid it out clearly: they point back to March 2007. My own data goes all the way back to the fall of '07, and if I recall correctly, there were at least two or three new stock offerings launched right around that same window. Seriously, what is the confusion here?

If you’re actually feeling satisfied because you think you managed to "get a dig in" at me, then that honestly just says everything about how much headspace you're wasting on other people's reactions—in your case, being proud of some little jab. As for me? I didn't feel a thing. It didn't sting, it didn't hurt, and it certainly didn't land. 🤷

At the end of the day—after all the noise has died down and we’ve finally stopped spinning our wheels—it really just comes down to this.
Man, you’re asking so many questions about this mortgage that I’m starting to wonder—even with all the money you and your wife have managed to squirrel away, is it still not enough to qualify for a decent loan?

Nice one!
Honestly, you've completely floored me—your sheer level of knowledge and the way you lay out your arguments just leaves me totally speechless.

I mean, seriously, though— Why are you looking so disheveled???🤷 Honestly, whatever anyone types, you just have to jump in immediately—you’re constantly picking fights and looking for an argument with everyone. It feels like you're intentionally trying to push back just for the sake of it... I don't know, it makes reading your stuff a little exhausting after a while.

P.S. Now that you’ve decided to take a shot at me—honestly, I’m dying to know—exactly what kind of "truth" are you actually talking about here? The truth hurts. (Who cares? Not me, anyway.)
I was wondering—have you actually dug up anything regarding my marriage or my family’s health situation? Or maybe found out if someone's been playing games and cheating behind anyone's back... I'm just trying to get ahead of things before some kind of drama catches up to me. What exactly are we talking about here? Truth about what? Hurting...??!! Honestly, I have absolutely no clue what you're even talking about.

Take care of yourselves out there.

No, you weren't. There was no intention to be insulting. I didn't even use the word "lie."

goldentrucker18 said:Look, I see how you’ve been going at it with everyone else on this forum—honestly, there’s no way I can take you seriously.
(npr. sa drugog podforuma: Hehe, it’s actually pretty great to see you showing your true colors like this. Honestly, it’s kind of satisfying that I was able to corner you so effectively in that other thread—I basically laid out the facts and truths so clearly that you just had to bolt from the conversation because you couldn't handle the reality of it all. Heheheheheh.)

Look, I wrote my response to you perfectly clearly—I wasn't being difficult or anything like that. What I was doing was simply highlighting the specific points that actually require your attention...
Look, I wasn’t yelling at anyone—I was just typing in all caps. Honestly, I don't even know what you think I'm picking a fight over? Just because I used an underline doesn't mean I'm throwing a tantrum or anything (seriously???).

If someone actually tried to get under my skin on this forum, they’d quickly realize I don't exactly have the thinnest skin—though, admittedly, I can be a bit of a hothead when people start talking nonsense. I might lose my cool, but at least I'm honest about it.
What if the person is only 14? That would mean I’m basically stuck in a legal tug-of-war over a loan with a minor... which, let's be honest, sounds like a complete nightmare.
To put it bluntly—nothing on this forum is ever taken seriously.!
I honestly thought that was just common sense—something most people would have picked up on without me having to spell it out.

The reason I shot you a direct response to that link was simple—you actually had the nerve to claim I was lying. But hey, what can you do? If I’m going to stick my neck out and get poked by the horns, that’s just how it goes, I guess. 🤷

Regarding those links—I already laid it out clearly: they point back to March 2007. My own data goes all the way back to the fall of '07, and if I recall correctly, there were at least two or three new stock offerings launched right around that same window. Seriously, what is the confusion here?

If you’re actually feeling satisfied because you think you managed to "get a dig in" at me, then that honestly just says everything about how much headspace you're wasting on other people's reactions—in your case, being proud of some little jab. As for me? I didn't feel a thing. It didn't sting, it didn't hurt, and it certainly didn't land. 🤷

At the end of the day—after all the noise has died down and we’ve finally stopped spinning our wheels—it really just comes down to this.
Man, you’re asking so many questions about this mortgage that I’m starting to wonder—even with all the money you and your wife have managed to squirrel away, is it still not enough to qualify for a decent loan?

Nice one!
Honestly, you've completely floored me—your sheer level of knowledge and the way you lay out your arguments just leaves me totally speechless.

I mean, seriously, though— Why are you looking so disheveled???🤷 Honestly, whatever anyone types, you just have to jump in immediately—you’re constantly picking fights and looking for an argument with everyone. It feels like you're intentionally trying to push back just for the sake of it... I don't know, it makes reading your stuff a little exhausting after a while.

P.S. Now that you’ve decided to take a shot at me—honestly, I’m dying to know—exactly what kind of "truth" are you actually talking about here? The truth hurts. (Who cares? Not me, anyway.)
I was wondering—have you actually dug up anything regarding my marriage or my family’s health situation? Or maybe found out if someone's been playing games and cheating behind anyone's back... I'm just trying to get ahead of things before some kind of drama catches up to me. What exactly are we talking about here? Truth about what? Hurting...??!! Honestly, I have absolutely no clue what you're even talking about.

Take care of yourselves out there.

And?

goldentrucker18 said:Look, I see how you’ve been going at it with everyone else on this forum—honestly, there’s no way I can take you seriously.
(npr. sa drugog podforuma: Hehe, it’s actually pretty great to see you showing your true colors like this. Honestly, it’s kind of satisfying that I was able to corner you so effectively in that other thread—I basically laid out the facts and truths so clearly that you just had to bolt from the conversation because you couldn't handle the reality of it all. Heheheheheh.)

Look, I wrote my response to you perfectly clearly—I wasn't being difficult or anything like that. What I was doing was simply highlighting the specific points that actually require your attention...
Look, I wasn’t yelling at anyone—I was just typing in all caps. Honestly, I don't even know what you think I'm picking a fight over? Just because I used an underline doesn't mean I'm throwing a tantrum or anything (seriously???).

If someone actually tried to get under my skin on this forum, they’d quickly realize I don't exactly have the thinnest skin—though, admittedly, I can be a bit of a hothead when people start talking nonsense. I might lose my cool, but at least I'm honest about it.
What if the person is only 14? That would mean I’m basically stuck in a legal tug-of-war over a loan with a minor... which, let's be honest, sounds like a complete nightmare.
To put it bluntly—nothing on this forum is ever taken seriously.!
I honestly thought that was just common sense—something most people would have picked up on without me having to spell it out.

The reason I shot you a direct response to that link was simple—you actually had the nerve to claim I was lying. But hey, what can you do? If I’m going to stick my neck out and get poked by the horns, that’s just how it goes, I guess. 🤷

Regarding those links—I already laid it out clearly: they point back to March 2007. My own data goes all the way back to the fall of '07, and if I recall correctly, there were at least two or three new stock offerings launched right around that same window. Seriously, what is the confusion here?

If you’re actually feeling satisfied because you think you managed to "get a dig in" at me, then that honestly just says everything about how much headspace you're wasting on other people's reactions—in your case, being proud of some little jab. As for me? I didn't feel a thing. It didn't sting, it didn't hurt, and it certainly didn't land. 🤷

At the end of the day—after all the noise has died down and we’ve finally stopped spinning our wheels—it really just comes down to this.
Man, you’re asking so many questions about this mortgage that I’m starting to wonder—even with all the money you and your wife have managed to squirrel away, is it still not enough to qualify for a decent loan?

Nice one!
Honestly, you've completely floored me—your sheer level of knowledge and the way you lay out your arguments just leaves me totally speechless.

I mean, seriously, though— Why are you looking so disheveled???🤷 Honestly, whatever anyone types, you just have to jump in immediately—you’re constantly picking fights and looking for an argument with everyone. It feels like you're intentionally trying to push back just for the sake of it... I don't know, it makes reading your stuff a little exhausting after a while.

P.S. Now that you’ve decided to take a shot at me—honestly, I’m dying to know—exactly what kind of "truth" are you actually talking about here? The truth hurts. (Who cares? Not me, anyway.)
I was wondering—have you actually dug up anything regarding my marriage or my family’s health situation? Or maybe found out if someone's been playing games and cheating behind anyone's back... I'm just trying to get ahead of things before some kind of drama catches up to me. What exactly are we talking about here? Truth about what? Hurting...??!! Honestly, I have absolutely no clue what you're even talking about.

Take care of yourselves out there.

That was a while ago. I'm happy for you. But my point was that those types of loans don't exist anymore. It's great that you managed to get one back then. They used to be available.
And?
That loan of yours has nothing to do with this discussion.

goldentrucker18 said:Look, I see how you’ve been going at it with everyone else on this forum—honestly, there’s no way I can take you seriously.
(npr. sa drugog podforuma: Hehe, it’s actually pretty great to see you showing your true colors like this. Honestly, it’s kind of satisfying that I was able to corner you so effectively in that other thread—I basically laid out the facts and truths so clearly that you just had to bolt from the conversation because you couldn't handle the reality of it all. Heheheheheh.)

Look, I wrote my response to you perfectly clearly—I wasn't being difficult or anything like that. What I was doing was simply highlighting the specific points that actually require your attention...
Look, I wasn’t yelling at anyone—I was just typing in all caps. Honestly, I don't even know what you think I'm picking a fight over? Just because I used an underline doesn't mean I'm throwing a tantrum or anything (seriously???).

If someone actually tried to get under my skin on this forum, they’d quickly realize I don't exactly have the thinnest skin—though, admittedly, I can be a bit of a hothead when people start talking nonsense. I might lose my cool, but at least I'm honest about it.
What if the person is only 14? That would mean I’m basically stuck in a legal tug-of-war over a loan with a minor... which, let's be honest, sounds like a complete nightmare.
To put it bluntly—nothing on this forum is ever taken seriously.!
I honestly thought that was just common sense—something most people would have picked up on without me having to spell it out.

The reason I shot you a direct response to that link was simple—you actually had the nerve to claim I was lying. But hey, what can you do? If I’m going to stick my neck out and get poked by the horns, that’s just how it goes, I guess. 🤷

Regarding those links—I already laid it out clearly: they point back to March 2007. My own data goes all the way back to the fall of '07, and if I recall correctly, there were at least two or three new stock offerings launched right around that same window. Seriously, what is the confusion here?

If you’re actually feeling satisfied because you think you managed to "get a dig in" at me, then that honestly just says everything about how much headspace you're wasting on other people's reactions—in your case, being proud of some little jab. As for me? I didn't feel a thing. It didn't sting, it didn't hurt, and it certainly didn't land. 🤷

At the end of the day—after all the noise has died down and we’ve finally stopped spinning our wheels—it really just comes down to this.
Man, you’re asking so many questions about this mortgage that I’m starting to wonder—even with all the money you and your wife have managed to squirrel away, is it still not enough to qualify for a decent loan?

Nice one!
Honestly, you've completely floored me—your sheer level of knowledge and the way you lay out your arguments just leaves me totally speechless.

I mean, seriously, though— Why are you looking so disheveled???🤷 Honestly, whatever anyone types, you just have to jump in immediately—you’re constantly picking fights and looking for an argument with everyone. It feels like you're intentionally trying to push back just for the sake of it... I don't know, it makes reading your stuff a little exhausting after a while.

P.S. Now that you’ve decided to take a shot at me—honestly, I’m dying to know—exactly what kind of "truth" are you actually talking about here? The truth hurts. (Who cares? Not me, anyway.)
I was wondering—have you actually dug up anything regarding my marriage or my family’s health situation? Or maybe found out if someone's been playing games and cheating behind anyone's back... I'm just trying to get ahead of things before some kind of drama catches up to me. What exactly are we talking about here? Truth about what? Hurting...??!! Honestly, I have absolutely no clue what you're even talking about.

Take care of yourselves out there.

So, if I’m following you correctly, you're essentially saying that none of the links you shared actually provide any evidence to back up what you're claiming. I guess that might be the case, though I'm not entirely sure. ☕
I’m glad we were able to get that sorted out.
It doesn't really matter. That was all a long time ago. At this point, we're just here to talk about credit.

goldentrucker18 said:Look, I see how you’ve been going at it with everyone else on this forum—honestly, there’s no way I can take you seriously.
(npr. sa drugog podforuma: Hehe, it’s actually pretty great to see you showing your true colors like this. Honestly, it’s kind of satisfying that I was able to corner you so effectively in that other thread—I basically laid out the facts and truths so clearly that you just had to bolt from the conversation because you couldn't handle the reality of it all. Heheheheheh.)

Look, I wrote my response to you perfectly clearly—I wasn't being difficult or anything like that. What I was doing was simply highlighting the specific points that actually require your attention...
Look, I wasn’t yelling at anyone—I was just typing in all caps. Honestly, I don't even know what you think I'm picking a fight over? Just because I used an underline doesn't mean I'm throwing a tantrum or anything (seriously???).

If someone actually tried to get under my skin on this forum, they’d quickly realize I don't exactly have the thinnest skin—though, admittedly, I can be a bit of a hothead when people start talking nonsense. I might lose my cool, but at least I'm honest about it.
What if the person is only 14? That would mean I’m basically stuck in a legal tug-of-war over a loan with a minor... which, let's be honest, sounds like a complete nightmare.
To put it bluntly—nothing on this forum is ever taken seriously.!
I honestly thought that was just common sense—something most people would have picked up on without me having to spell it out.

The reason I shot you a direct response to that link was simple—you actually had the nerve to claim I was lying. But hey, what can you do? If I’m going to stick my neck out and get poked by the horns, that’s just how it goes, I guess. 🤷

Regarding those links—I already laid it out clearly: they point back to March 2007. My own data goes all the way back to the fall of '07, and if I recall correctly, there were at least two or three new stock offerings launched right around that same window. Seriously, what is the confusion here?

If you’re actually feeling satisfied because you think you managed to "get a dig in" at me, then that honestly just says everything about how much headspace you're wasting on other people's reactions—in your case, being proud of some little jab. As for me? I didn't feel a thing. It didn't sting, it didn't hurt, and it certainly didn't land. 🤷

At the end of the day—after all the noise has died down and we’ve finally stopped spinning our wheels—it really just comes down to this.
Man, you’re asking so many questions about this mortgage that I’m starting to wonder—even with all the money you and your wife have managed to squirrel away, is it still not enough to qualify for a decent loan?

Nice one!
Honestly, you've completely floored me—your sheer level of knowledge and the way you lay out your arguments just leaves me totally speechless.

I mean, seriously, though— Why are you looking so disheveled???🤷 Honestly, whatever anyone types, you just have to jump in immediately—you’re constantly picking fights and looking for an argument with everyone. It feels like you're intentionally trying to push back just for the sake of it... I don't know, it makes reading your stuff a little exhausting after a while.

P.S. Now that you’ve decided to take a shot at me—honestly, I’m dying to know—exactly what kind of "truth" are you actually talking about here? The truth hurts. (Who cares? Not me, anyway.)
I was wondering—have you actually dug up anything regarding my marriage or my family’s health situation? Or maybe found out if someone's been playing games and cheating behind anyone's back... I'm just trying to get ahead of things before some kind of drama catches up to me. What exactly are we talking about here? Truth about what? Hurting...??!! Honestly, I have absolutely no clue what you're even talking about.

Take care of yourselves out there.

Heh, I suppose I’m being a bit of a nuisance. Maybe just a little.
Look, honey, I think you might be overthinking this one. You've really let it get to you, maybe a little too much. ☕

I’m sorry to hear that.

goldentrucker18 said:Look, I see how you’ve been going at it with everyone else on this forum—honestly, there’s no way I can take you seriously.
(npr. sa drugog podforuma: Hehe, it’s actually pretty great to see you showing your true colors like this. Honestly, it’s kind of satisfying that I was able to corner you so effectively in that other thread—I basically laid out the facts and truths so clearly that you just had to bolt from the conversation because you couldn't handle the reality of it all. Heheheheheh.)

Look, I wrote my response to you perfectly clearly—I wasn't being difficult or anything like that. What I was doing was simply highlighting the specific points that actually require your attention...
Look, I wasn’t yelling at anyone—I was just typing in all caps. Honestly, I don't even know what you think I'm picking a fight over? Just because I used an underline doesn't mean I'm throwing a tantrum or anything (seriously???).

If someone actually tried to get under my skin on this forum, they’d quickly realize I don't exactly have the thinnest skin—though, admittedly, I can be a bit of a hothead when people start talking nonsense. I might lose my cool, but at least I'm honest about it.
What if the person is only 14? That would mean I’m basically stuck in a legal tug-of-war over a loan with a minor... which, let's be honest, sounds like a complete nightmare.
To put it bluntly—nothing on this forum is ever taken seriously.!
I honestly thought that was just common sense—something most people would have picked up on without me having to spell it out.

The reason I shot you a direct response to that link was simple—you actually had the nerve to claim I was lying. But hey, what can you do? If I’m going to stick my neck out and get poked by the horns, that’s just how it goes, I guess. 🤷

Regarding those links—I already laid it out clearly: they point back to March 2007. My own data goes all the way back to the fall of '07, and if I recall correctly, there were at least two or three new stock offerings launched right around that same window. Seriously, what is the confusion here?

If you’re actually feeling satisfied because you think you managed to "get a dig in" at me, then that honestly just says everything about how much headspace you're wasting on other people's reactions—in your case, being proud of some little jab. As for me? I didn't feel a thing. It didn't sting, it didn't hurt, and it certainly didn't land. 🤷

At the end of the day—after all the noise has died down and we’ve finally stopped spinning our wheels—it really just comes down to this.
Man, you’re asking so many questions about this mortgage that I’m starting to wonder—even with all the money you and your wife have managed to squirrel away, is it still not enough to qualify for a decent loan?

Nice one!
Honestly, you've completely floored me—your sheer level of knowledge and the way you lay out your arguments just leaves me totally speechless.

I mean, seriously, though— Why are you looking so disheveled???🤷 Honestly, whatever anyone types, you just have to jump in immediately—you’re constantly picking fights and looking for an argument with everyone. It feels like you're intentionally trying to push back just for the sake of it... I don't know, it makes reading your stuff a little exhausting after a while.

P.S. Now that you’ve decided to take a shot at me—honestly, I’m dying to know—exactly what kind of "truth" are you actually talking about here? The truth hurts. (Who cares? Not me, anyway.)
I was wondering—have you actually dug up anything regarding my marriage or my family’s health situation? Or maybe found out if someone's been playing games and cheating behind anyone's back... I'm just trying to get ahead of things before some kind of drama catches up to me. What exactly are we talking about here? Truth about what? Hurting...??!! Honestly, I have absolutely no clue what you're even talking about.

Take care of yourselves out there.

Haha. ☕
So, I finally pulled the trigger and bought an apartment. We’ve also got two cars now, which seems to be the setup for the time being.

Even without setting aside a single cent from my paycheck, I could still qualify for a loan. If you didn't catch my drift earlier, I only mentioned that I started putting money into housing savings back when I was a college student because of that little jab—and yeah, suggesting I couldn't manage a loan feels like a bit of an insult. I suppose if I had known that would be the reaction, I probably wouldn't have bothered messing around with those savings accounts in the first place. But the funds are sitting there, and I might as well make use of them.

It seems like people like you are always trying to make a point.

I guess I'm just feeling a little amused, all things considered. Maybe it's nothing much, but there's a certain lightness to it today.
I suppose I really do have everything.

goldentrucker18 said:Look, I see how you’ve been going at it with everyone else on this forum—honestly, there’s no way I can take you seriously.
(npr. sa drugog podforuma: Hehe, it’s actually pretty great to see you showing your true colors like this. Honestly, it’s kind of satisfying that I was able to corner you so effectively in that other thread—I basically laid out the facts and truths so clearly that you just had to bolt from the conversation because you couldn't handle the reality of it all. Heheheheheh.)

Look, I wrote my response to you perfectly clearly—I wasn't being difficult or anything like that. What I was doing was simply highlighting the specific points that actually require your attention...
Look, I wasn’t yelling at anyone—I was just typing in all caps. Honestly, I don't even know what you think I'm picking a fight over? Just because I used an underline doesn't mean I'm throwing a tantrum or anything (seriously???).

If someone actually tried to get under my skin on this forum, they’d quickly realize I don't exactly have the thinnest skin—though, admittedly, I can be a bit of a hothead when people start talking nonsense. I might lose my cool, but at least I'm honest about it.
What if the person is only 14? That would mean I’m basically stuck in a legal tug-of-war over a loan with a minor... which, let's be honest, sounds like a complete nightmare.
To put it bluntly—nothing on this forum is ever taken seriously.!
I honestly thought that was just common sense—something most people would have picked up on without me having to spell it out.

The reason I shot you a direct response to that link was simple—you actually had the nerve to claim I was lying. But hey, what can you do? If I’m going to stick my neck out and get poked by the horns, that’s just how it goes, I guess. 🤷

Regarding those links—I already laid it out clearly: they point back to March 2007. My own data goes all the way back to the fall of '07, and if I recall correctly, there were at least two or three new stock offerings launched right around that same window. Seriously, what is the confusion here?

If you’re actually feeling satisfied because you think you managed to "get a dig in" at me, then that honestly just says everything about how much headspace you're wasting on other people's reactions—in your case, being proud of some little jab. As for me? I didn't feel a thing. It didn't sting, it didn't hurt, and it certainly didn't land. 🤷

At the end of the day—after all the noise has died down and we’ve finally stopped spinning our wheels—it really just comes down to this.
Man, you’re asking so many questions about this mortgage that I’m starting to wonder—even with all the money you and your wife have managed to squirrel away, is it still not enough to qualify for a decent loan?

Nice one!
Honestly, you've completely floored me—your sheer level of knowledge and the way you lay out your arguments just leaves me totally speechless.

I mean, seriously, though— Why are you looking so disheveled???🤷 Honestly, whatever anyone types, you just have to jump in immediately—you’re constantly picking fights and looking for an argument with everyone. It feels like you're intentionally trying to push back just for the sake of it... I don't know, it makes reading your stuff a little exhausting after a while.

P.S. Now that you’ve decided to take a shot at me—honestly, I’m dying to know—exactly what kind of "truth" are you actually talking about here? The truth hurts. (Who cares? Not me, anyway.)
I was wondering—have you actually dug up anything regarding my marriage or my family’s health situation? Or maybe found out if someone's been playing games and cheating behind anyone's back... I'm just trying to get ahead of things before some kind of drama catches up to me. What exactly are we talking about here? Truth about what? Hurting...??!! Honestly, I have absolutely no clue what you're even talking about.

Take care of yourselves out there.

I really don't follow what you're getting at.

It's a bit like when my parents would claim they took out a mortgage thirty years ago and that the final payment was only "tough" because inflation cost them a single pack of Marlboros.

It seems like there's just too much frustration here, so I think I'll step away from this discussion.
Regarding those three savings accounts (two mine and one my wife's) I mentioned earlier—they were honestly just trivial. Just something extra we had lying around for nonsense. ☕

But since facts seem to be too painful for you to handle without getting worked up, I'll just head out.
You're being ridiculous. It's actually kind of sad. 🙂

I'm bowing out of this debate so my dear interlocutors don't get any more frustrated.

👋

Kimberly Nguyen said:@Jacob Miller2 ... you are constantly trolling and making it impossible to have a decent conversation ... honestly, people just don't want to engage in discussions like this when you're involved ... believe it or not, when someone is dealing with an interlocutor like you, they just walk away ... most folks come here to actually gain or share some useful information ... if they need to know how accurate something is, of course they'll just head down to Chase or Wells Fargo to verify it themselves ....

Not really, dear. I feel insulted, so naturally, I'm going to push back. I guess it’s just that facts you can't debunk tend to frustrate people for reasons they won't admit.
It’s almost as if everyone here owns a major bank like Chase or Wells Fargo and is trying to defend those sky-high interest rates.

Since it seems nobody can respectfully counter my facts, they resort to handing out "Demerit points" or whatever they call them, hoping I'll eventually get banned so I can't speak up. It's as if I don't even have the right to defend myself. Because of that, I think I'll just step away from this debate and this whole thread about loans. It feels like nothing useful is actually being learned here anyway; everyone just gets defensive the moment I mention how high interest rates are in the US. hehe

If there's a moderator around, maybe just delete all my posts in this thread, along with any replies to them. Apparently, my posts are too intense for some people, and I wouldn't want anyone feeling upset for unknown reasons.
And since it looks like I don't have the right to defend my position, it might be better if everything is just wiped clean.

Best,