I have been getting numerous emails, texts, and calls from my mortgage company. They are desperately trying to get me to refinance and/or get me a home equity line of credit. They are relentless. Must not be making much interest from me, because my payment is 550/mo. So I am responding with lewd texts and answer the phone saying only Minecraft villager noises. Thank you for reading my blog.
Based
>>541795625Read the fine print.They can "call" that mortgage anytime they want and push your shit in.
>>541795625i hope you realize sam hyde was just trolling when he said never pay a debt or loan. people will seize your shit retard you signed a contract lmao
>>541796461I never miss payments. I have a fixed rate.
>>541796609He's saying he has a low interest rate and the mortgage company is harassing him trying to get him to take out a larger rate.
>>541796461>>541796609Illiterate
>>541795625Based and weirdpilled.
>>541796461>>541796609Retards
>>541795625>550 a monthBased. Even if you still have taxes and insurance on top of that it's still bretty cheap. Im surprised mine hasn't pestered me yet. I get offers from other companies every so often
>>541795625>home equity line of credit.What is that?
>>541797182Usury
>>541797167mortgage, taxes, insurance, and all utilities for me is 1100/mo
>>541797182Just a loan on top of your mortgage most people in the us use it to make renovations to the home. You can also use it to payoff high interest credit card debt But yes it is usury.
>>541800622>most people in the us use it buy full trim lifted pickup trucks and motorboatsFTFY
>>541800735The only smart use for a home equity line of credit is to make a needful renovation right before putting it on the market, with a price increase that reflects the added value. If you sell quickly, you avoid interest, make your property more attractive, and maybe make extra money on the subjective added value (like a furnished attic/ basement).But yea, most tards will be blinded by greed when they see their mortgage company is offering them 100k right NOW
>>541796461They literally can't do that lol. What the fuck are you talking about?
>>541796902>>541796975>>541797039my mistake was thinking this thread was about anything of importance and not just a guy rejecting upsell offers. cant wait till he makes a thread about his car-service guy saying he needed more coolant or something
>>541802743I tried to change my oil and I double-filled the oil and drained my transmission fluid instead
>>541795625>So I am responding with lewd texts and answer the phone saying only Minecraft villager noises.All you have to do is tell them to take you off of the contact list for those offers and they will stop. It's just promotional crap. When you do anything other than say "Do not call", they can and will keep calling
>>541797182In my case they constantly send me "credit card" offers that are actually home equity loans it's diabolical it's basically a second mortgage like Jeremy Hambly did
>>541801591No. Sell cash "as-is" and get out.
>>541804026Lol. Wrong I get horrible spam calls on the landline at work and they won't stop no matter how many times I ask. I'll tell them no thank you hang up and the angry jeet calls back demanding to know why I hung up on them then give my # to his jeet cousin to call. On the bright side it's helped convince my old lady coworker that Indians are subhumans who don't deserve telephony
>>541800622How is that loan secured? Why would.you want another loan, you're in debt already, are they retarded?
>>541795625Next time just play the minecraft music with animals and villagers in the background making noises passively
>>541804368People are greedy dumb retards. You tell them theres free money in their homes equity and they eat it up without a 2nd thought
>>541804368See>>541800735#There is an absurd amount of credit card debt in America. Smart people would use this to consolidate. But most are retarded. Another anon also mentioned making needed upgrades to the house before sale. It is a quick way to secure funds for this.
>>541795625Kek yeah it’s weird mortgages are surprisingly in the borrowers favor a lot of the time…
>>541805396You can also use it to borrow against when the market turns down and buy stock. Since 2019 the stock market has tripled. People who had 500k have 1.5M. People with 800k have 2.4M. It’s a major reason why prices are rising, people with equities and houses are loaded right now. Many people took out their suddenly inflated home equity to buy equities when the market tanked, these people tripled their investments at a very manageable payment rate without having anywhere near the risk or interest of a margin account. They did so without effort, only risk tolerance and discipline.Most Americans don’t do this, but your boring 401k maxxing middle manager is assuming he has a financial advisor.
>>541805784I took some of my 401k to help buy a home. Then when I needed a car I borrowed from it. Better to pay myself back than to the bank
>>541804368They know that my mortgage is 1/8 of my income. They know I have money to throw away in the long term for short term gain. It's a trap for greedy retards. If I were to default, they would take my house, which has been increasing in value like fucking 10% every year. My house is worth, and is becoming way more valuable than what I paid for it. They would make more money taking my house than they would on the interest my mortgage stipulates.
>>541795625good for you anon, the cunts are desperate to drag that loan out and eventually kick you to the kerb, if you get time to read Upton Sinclair's The Jungle you'll see this racket is an old one
>>541806653Thanks, fren. one reason my house was so cheap is that the detatched garage was a disgusting, old, peeling aquamarine. I went to the local dump, and acquired brown and white exterior paints to make a nice tan to paint my garage for the cost of 0 dollars USD.I also bought eight huge planter rings from amazon for my front lawn (!) garden. they arrived late enough to where I cancelled my order, got a refund, and received them a week later.
>>541806501This. Using your primary dwelling as collateral is pretty stupid. Maybe if you have other properties to leverage it might make sense
>>541796461They can only fuck you if you have more than one mortgage and it's been assesed well below the total loaned value.If you've taken out a second or third loan on your house, you probably deserve to be bent over.
