Search found 136 matches

by gazelle1991
Tue Sep 29, 2020 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1371
Views: 123878

Re: My LenderFi refinance is going well

for the life of me I cannot find the 6-month wait disclosure in my initial life estimate/rate lock disclosure. Does this only apply to refinance before 6 months? does a sale of the property before the 6-mark counts as refinance?
by gazelle1991
Sun Sep 20, 2020 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Challenging a physician's bill
Replies: 82
Views: 5436

Re: Challenging a physician's bill

Welcome to the nightmare that is the US healthcare system!

You may be able to contest your bill but be prepared to waste a lot of your time getting there. The easiest route is probably negotiate to pay the "cash price" since they don't accept your insurance.
by gazelle1991
Sun Sep 20, 2020 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1371
Views: 123878

Re: My LenderFi refinance is going well

I locked on 9/4, scheduled to close 9/22. So far great experience. Hopefully this will continue past the closing date.
by gazelle1991
Sat Sep 19, 2020 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

i am getting closing disclosure from lenderfi today. Locked with them on 9/4, now just waiting for final approval to close. I had a cash out refi in aug. Doesnt seem like they cared that it was a cashout refi less than 6 months ago. Thinking of putting my home this month or next though so might hav...
by gazelle1991
Fri Sep 18, 2020 12:46 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

i am getting closing disclosure from lenderfi today. Locked with them on 9/4, now just waiting for final approval to close. I had a cash out refi in aug. Doesnt seem like they cared that it was a cashout refi less than 6 months ago. Thinking of putting my home this month or next though so might hav...
by gazelle1991
Wed Sep 16, 2020 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

i am getting closing disclosure from lenderfi today. Locked with them on 9/4, now just waiting for final approval to close. I had a cash out refi in aug. Doesnt seem like they cared that it was a cashout refi less than 6 months ago. Thinking of putting my home this month or next though so might have...
by gazelle1991
Thu Sep 03, 2020 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

I did a cashout refinance in early August. People said I would have to wait 6 months before I am able to do a rate-and-term. However, when I chat with LenderFi, they said no problem, I can do a rate-and-term on their end without waiting so I got the payoff statement, locked in the rate at 2.75% 30 ...
by gazelle1991
Wed Sep 02, 2020 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

I did a cashout refinance in early August. People said I would have to wait 6 months before I am able to do a rate-and-term. However, when I chat with LenderFi, they said no problem, I can do a rate-and-term on their end without waiting so I got the payoff statement, locked in the rate at 2.75% 30 ...
by gazelle1991
Wed Sep 02, 2020 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

I did a cashout refinance in early August. People said I would have to wait 6 months before I am able to do a rate-and-term. However, when I chat with LenderFi, they said no problem, I can do a rate-and-term on their end without waiting so I got the payoff statement, locked in the rate at 2.75% 30 y...
by gazelle1991
Mon Aug 24, 2020 12:53 am
Forum: Personal Finance (Not Investing)
Topic: Do you talk to your friends/family/coworkers about this stuff?
Replies: 210
Views: 16767

Re: Do you talk to your friends/family/coworkers about this stuff?

I talk to anyone who would listen :) Most of the time ppl just do what they want to do. Younger folks are more malleable. When I started my first job, an older coworker introduced me to a NM financial advisor. The advisor convinced me to purchase a whole life insurance at age 22 $500/month with a $5...
by gazelle1991
Thu Aug 20, 2020 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

I just looked through my refi application and paperwork (lenderfi) and didn't see that anywhere in the paperwork. I certainly don't advocate committing mortgage fraud, but I am wondering when in the process this would routinely come up. If the lender never asked and I never volunteered that my prev...
by gazelle1991
Thu Aug 20, 2020 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

I closed on my refinance on 8/6/2020 with AimLoan. Anyone knows how long does it take for the loan to port over to their servicing system so that I can get a payoff statement for another refinance? I did a cash-out refinance with AimLoan at 3.625% for $500 closing costs and want to refinance again n...
by gazelle1991
Wed Aug 12, 2020 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

I just closed on my cashout refinance at 3.625% 30 years. I am eager to do another refinance to lower rates (3.25% no cost refi 30 years or 2.375% 15-year with about $3100 in closing costs). How long do I have to wait before refinancing again? My current lender said 6 months but I read over all the ...
by gazelle1991
Sun Aug 09, 2020 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3114

Re: Advice needed on interesting PSLF situation - should we change course?

Pay it off. Piece of mind. There’s something to be said about simplicity in financial plans, especially in situations where the benefits of keeping this around isn’t even clear. I'm curious if would you change your suggestion with the context that after refinancing the loan with SoFI we have a vari...
by gazelle1991
Sun Aug 09, 2020 5:50 am
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 39
Views: 3114

Re: Advice needed on interesting PSLF situation - should we change course?

Pay it off. Peace of mind. There’s something to be said about simplicity in financial plans, especially in situations where the benefits of keeping this around isn’t even clear.
by gazelle1991
Fri Aug 07, 2020 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Another college choice question
Replies: 31
Views: 1960

Re: Another college choice question

Take the free money to UTD. Your son wouldn't regret not taking out a 6-figure loan so early at the start of your career. May also benefit from being a big fish in the small pond. Plus good fit socially could do wonder too.
by gazelle1991
Wed Aug 05, 2020 1:29 am
Forum: Investing - Theory, News & General
Topic: Are we better off now than Dec 2018?
Replies: 264
Views: 21026

Re: Are we better off now than Dec 2018?

Stop anchoring you’re feelings around gains that you are not getting back anytime soon. That 3000 S&P is NOT Coming back anytime soon. The stock market has a colourful history of making prognosticators look like fools I just bought more in March In another decade I won’t even notice it in the pile ...
by gazelle1991
Fri Jul 17, 2020 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

I am doing a cashout refinance and my loan officer tells me if I plan on refinancing again right after the cashout refinance closes, then we can't move forward. She said I have to wait 6 months. Is that true? I suppose that's because of the "cash-out" clause? I plan on refinancing shortly after the ...
by gazelle1991
Thu Jul 09, 2020 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

My current rate is 2.75% 15 year. I had a couple of 30-year offers from aimloan: 3.125% with 1850 closing cost on a 200K loan or a 3.625% on a 300K loan (100K cash out) for 1K closing cost. I decided to go with the cash-out option. Hoping rate will continue to stay low so I can do another no cost r...
by gazelle1991
Thu Jul 09, 2020 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

My current rate is 2.75% 15 year. I had a couple of 30-year offers from aimloan: 3.125% with 1850 closing cost on a 200K loan or a 3.625% on a 300K loan (100K cash out) for 1K closing cost. I decided to go with the cash-out option. Hoping rate will continue to stay low so I can do another no cost r...
by gazelle1991
Thu Jul 09, 2020 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

My current rate is 2.75% 15 year. I had a couple of 30-year offers from aimloan: 3.125% with 1850 closing cost on a 200K loan or a 3.625% on a 300K loan (100K cash out) for $600 closing cost. I decided to go with the cash-out option. Hoping rate will continue to stay low so I can do another no cost ...
by gazelle1991
Wed Jul 08, 2020 1:31 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

Does anyone know if LenderFi does cash out refinance? I tried their instant quote for a 100k cash out on a 400k house and 200k mortgage balance and it’s giving me error. I am in the process of doing a cash out refinance with aimloan but the non cash out option from LenderFi looks better than the non...
by gazelle1991
Sat Jun 13, 2020 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Avoiding probate vs Full step up basis
Replies: 8
Views: 693

Re: Avoiding probate vs Full step up basis

notmyhand wrote: Sat Jun 13, 2020 5:08 pm What state are you in?
by gazelle1991
Tue Jun 02, 2020 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

Is this a decent rate or should I wait? 2.625% 30yr $189k loan Closing cost $3364 (excludes prepaids) Don’t pay any closing costs, you might be refinancing again when the rates get even lower. I am currently at 2.75% 15yr on a $200K loan. I was offered a 3% 30 yr for $2300 closing cost or 3.125% 30...
by gazelle1991
Tue Jun 02, 2020 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7426
Views: 506957

Re: Refinance Mega Thread

Is this a decent rate or should I wait? 2.625% 30yr $189k loan Closing cost $3364 (excludes prepaids) Don’t pay any closing costs, you might be refinancing again when the rates get even lower. I am currently at 2.75% 15yr on a $200K loan. I was offered a 3% 30 yr for $2300 closing cost or 3.125% 30...
by gazelle1991
Mon May 18, 2020 8:27 am
Forum: Personal Finance (Not Investing)
Topic: How to respond to poor life decision affecting job
Replies: 32
Views: 4628

Re: How to respond to poor life decision affecting job

one of my fav quotes goes something like this: God, grant me the serenity to accept the things I cannot change, the courage to change the things I could, and the wisdom to know the difference.

You cannot change the past. Let’s focus on how you move forward from here on out.
by gazelle1991
Fri May 15, 2020 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance cash out to pay off student loan?
Replies: 11
Views: 739

Re: Refinance cash out to pay off student loan?

I always have to wonder and so will ask; with 250K in student loan debt did it not come with a pretty high paying career choice? Assuming so, how about getting about the business of some serious lump sum payments to make these loans go away ASAP? The 250k “investment” in education didn’t quite payo...
by gazelle1991
Fri May 15, 2020 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Refinance cash out to pay off student loan?
Replies: 11
Views: 739

Re: Refinance cash out to pay off student loan?

Have you thought about refinancing your student loans? I refinanced mine a few years ago to ~2% variable and now they are down to 0.91% I havent seen any rates nearly as good. I have gotten quote for 3.5-4% but with the fed student loan at 0% interest rate temporarily, I am not in a rush to refinan...
by gazelle1991
Thu May 14, 2020 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance cash out to pay off student loan?
Replies: 11
Views: 739

Re: Refinance cash out to pay off student loan?

To compare the cash-out and no-cash-out options, you need to recognize that the cash-out involves paying a higher rate on the whole balance. If the current balance is $300K, then you are paying an extra .375% on $300K and saving 2.625% on $100K. This is a good deal if you can't refinance the studen...
by gazelle1991
Thu May 14, 2020 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance cash out to pay off student loan?
Replies: 11
Views: 739

Refinance cash out to pay off student loan?

My current mortgage is at 2.75% interest rate for 15 years. I was quoted a 3%, $3,800 closing cost to move to a 30-year fixed or 3.375% + $3800 closing cost to move to a 30-year fixed and 100K cash out. I have a 250K student loan at 6% interest. Is it worth it to do the cash out and take the cash an...
by gazelle1991
Wed Nov 06, 2019 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP comparison
Replies: 13
Views: 617

Re: HDHP comparison

+1 vote for Husband's plan.
by gazelle1991
Sun Nov 03, 2019 10:26 am
Forum: Personal Investments
Topic: At the halfway mark, need help with 2 big decisions
Replies: 30
Views: 3481

Re: At the halfway mark, need help with 2 big decisions

Leave. No amount of money is worth staying in a toxic environment. There also might be pay raises at the new job to eventually catch up with the current compensation.
by gazelle1991
Fri Nov 01, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: [Just got married] Looking for ways to cut down on my budget
Replies: 80
Views: 7122

Re: [Just got married] Looking for ways to cut down on my budget

Olemiss540 wrote: Fri Nov 01, 2019 7:13 am $2000 child tax credit to help offset some of those childcare expenses.
I thought the $2K child tax credit is limited to certain income level?
by gazelle1991
Thu Oct 31, 2019 7:07 pm
Forum: Personal Finance (Not Investing)
Topic: [Just got married] Looking for ways to cut down on my budget
Replies: 80
Views: 7122

Re: How do people live on an average household income of 60K? Looking for ways to cut down on my budget

You may be trying to accomplish too many large goals within the amount of money available. Trying to pay off your house in 15 years, pay off your husband's quarter-million-dollar student loans, have a baby and shower it with everything good, save (frankly) huge amounts for retirement and multiple o...
by gazelle1991
Thu Oct 31, 2019 5:27 pm
Forum: Personal Finance (Not Investing)
Topic: [Just got married] Looking for ways to cut down on my budget
Replies: 80
Views: 7122

Re: How do people live on an average household income of 60K? Looking for ways to cut down on my budget

My partner and I are DINKs, so no child-related expenses. That said, we spend a lot less than you in many budget areas to live in a metro area with a median home price of $235,000 according to Zillow (so, about the U.S. average). Not counting charitable giving, taxes, and retirement savings, our sp...
by gazelle1991
Thu Oct 31, 2019 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 156
Views: 15352

Re: Possible Layoff: Need Assurance That We Will Be Okay

You will be ok. Can always find a new job. Even if no job is available, your nest egg should be large enough to sustain your cost of living.

Now breath. Everything will be fine. :beer