Calling Spartan and Mortgage Experts

[Bitcoin_Baba3]

21 hours ago, CheGuevara said:

Investment home kante secondary home ga teesukovachuga refinance loan... inka takkuva APR ke vasthadi ga... amina issues untaya ela cheste?

Naku telisi mana income to debt ratio saripodhu okati primary and okati secondary home kindha pettukodaniki. Adhe rental property ante, rental agreement tho approve ayeepoddi, adhi difference

[CheGuevara]

14 minutes ago, Bitcoin_Baba3 said:

Mana name meedha unna loans anni kanipisthai credit pull cheyyagane, it is always best to disclose all the loans clearly. And rental property ki rental agreement avi unte your loan approval will be easy

Nenu inko mortgage apply chesa and the current mortgage listed as on primary home and they know it too... but they didnt ask anything like converting the existing mortgage to secondary home or investment ... and gave the new mortgage at primary home apr... so nenu kuda drop aina current mortgage ni investment ga marche idea

[CheGuevara]

15 minutes ago, Bitcoin_Baba3 said:

Naku telisi mana income to debt ratio saripodhu okati primary and okati secondary home kindha pettukodaniki. Adhe rental property ante, rental agreement tho approve ayeepoddi, adhi difference

Oh ok.

got it

[Bitcoin_Baba3]

12 minutes ago, CheGuevara said:

Nenu inko mortgage apply chesa and the current mortgage listed as on primary home and they know it too... but they didnt ask anything like converting the existing mortgage to secondary home or investment ... and gave the new mortgage at primary home apr... so nenu kuda drop aina current mortgage ni investment ga marche idea

Rendu illulu same state lo unnaya?? Nee income to debt ratio covered two home loans?

[chicchara]

dollar save aina.. ainattey.. 

kakapotey refinance lo disadvantage enti ante... 

nee first loan lo major ga nuvu interest kattav.. principal kaadhu. 

ippdu malli loan start chestey... malli interest kadthav on whole amount.. not principal major ga.

but monthly bill tagguthundi... future lo value peruguthundi illu ankuntey maatram go for it. dont worry about interest stuff. 

see if by refinancing you can get any money out of it...that might be a little advantage. closing costs tagge chance ey ledhaa ani adgu?

also ask how much will they charge for evaluating your home...because they give you 80% of home value only. 

PMI kattakapotey good... see if by refinancing PMI can be skipped due to increase in home value 

[Bitcoin_Baba3]

12 minutes ago, chicchara said:

dollar save aina.. ainattey.. 

kakapotey refinance lo disadvantage enti ante... 

nee first loan lo major ga nuvu interest kattav.. principal kaadhu. 

ippdu malli loan start chestey... malli interest kadthav on whole amount.. not principal major ga.

but monthly bill tagguthundi... future lo value peruguthundi illu ankuntey maatram go for it. dont worry about interest stuff. 

see if by refinancing you can get any money out of it...that might be a little advantage. closing costs tagge chance ey ledhaa ani adgu?

also ask how much will they charge for evaluating your home...because they give you 80% of home value only. 

PMI kattakapotey good... see if by refinancing PMI can be skipped due to increase in home value 

PMI issue ledhu bro investment home ki minimum 20% down cheyyalsindhe adhi chesa already, highlighted is a valid point but illu koni 1 year ayyindhi anthe

[chicchara]

1 hour ago, Bitcoin_Baba3 said:

PMI issue ledhu bro investment home ki minimum 20% down cheyyalsindhe adhi chesa already, highlighted is a valid point but illu koni 1 year ayyindhi anthe

1 year ey kabatti... i think you are good. 

do the refi.. do it

[CheGuevara]

2 hours ago, Bitcoin_Baba3 said:

Rendu illulu same state lo unnaya?? Nee income to debt ratio covered two home loans?

Same but me and my wife on both

[k2s]

15 hours ago, Spartan said:

endi kanipistalev e madhya..

apice lo baaga working anukunta...anduke me stock doosukupotundi.... @psycopk the millionaire seppadu

Antha ledu man... intlo families tho buddodi tho busy.. aadi health sarigga undatam ledu.. urikey fever, flu osthundi.. from past 1 month