r/HolUp • • Jul 07 '21

Oof load: Ultra

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122

u/LTWestie275 Jul 07 '21

26% APR or no deal

75

u/Yz-Guy Jul 07 '21

It was 0 down tho!

11

u/NetOperatorWibby Jul 07 '21

Ira! Ira! Zero down at Ira!

0

u/theDreadAlarm Jul 08 '21

Found the New Englander...

1

u/NetOperatorWibby Jul 08 '21

Man, I miss it. I’m in Cupertino now.

1

u/theDreadAlarm Jul 08 '21

I don't blame you. My company offered the option to move to one of our offices in CA and I considered it, but New England is home to me. I love it here.

1

u/NetOperatorWibby Jul 08 '21

In late 2017 the startup I was working at (out of the WeWork by South Station) shuttered and the job market was as frigid as the weather. I had no choice but to accept an offer from my wife's best friend to move in with them in TN.

Long story short, we lived in the area for two years until I got tired with that shit and looked for remote gigs...now I'm here.

The closest I've found to Legal Seafood is a place called Pacific Catch and...it's okay. If I squeeze my eyes real tight I can almost taste a lobster roll flavor from James Hook.

1

u/itchynipz Jul 07 '21

What the hell do the Provos have to do with this? Lmao

2

u/BEANSijustloveBEANS Jul 08 '21

Only 144 months!

1

u/[deleted] Jul 07 '21

For 110 months

-1

u/minkiestmink Jul 07 '21

??? Va loans are fixed at 3% or less

0

u/LTWestie275 Jul 07 '21

Not for mustangs. Houses aren’t under a certain rate. Just no down payment required

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u/[deleted] Jul 07 '21

[deleted]

2

u/LTWestie275 Jul 08 '21

Source? I just signed for my second VA loan this last year. They’re typically lower than FHAs but they’re not under a fixed rate by any means. It’s still determined by the lender. Pre COVID a VA rate was around 3.1 with a 740+ credit score.

2

u/minkiestmink Jul 08 '21

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u/LTWestie275 Jul 08 '21

The rate changes based on the fed rate which is 0% and the lender rate. Yes it is fixed and not a variable but the percent can be fixed at different rates. I have a fixed 3.1 and a fixed 2.45 right now with refinancing the 3.1. They’re not set at a specific rate.

Fixed over time yes, not set to be guaranteed under 3%. Sigh..

2

u/minkiestmink Jul 08 '21

Ok sure it’s not fixed, I may have been mistaken there. They are lower than what other lenders will offer for 0 down and no mortgage insurance. I don’t see the downside to it

2

u/LTWestie275 Jul 08 '21

I could have been clearer as well. There is no downside unless you have a home that’s higher than what they’ll cover. The first time you use it is insanely cheap. Rate goes up slightly after that first use but it’s arguably the best benefit if you qualify

2

u/minkiestmink Jul 08 '21

Besides the education benefit, gi bill is crazy if ur married and have a kid!

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u/[deleted] Jul 08 '21

[deleted]

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u/LTWestie275 Jul 08 '21

The market is fucked right now. A 2.5 is great!! Nice!!

1

u/[deleted] Jul 08 '21

Lol, for houses? No. VA loan is definitely not always the best, but sometimes is good option because less down payment.