Timeline for Am I Likely to Qualify for Home Loan?
Current License: CC BY-SA 4.0
4 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jun 27, 2018 at 12:59 | comment | added | Pete B. | Chase will allow you to talk to a banker without being a client, just show up and wait a bit. Go during slow times and the wait will be lower. | |
| Jun 27, 2018 at 0:22 | comment | added | AA040371 | Good point about upcoming/new tax policy. My avg Rate of Return over 1, 2, and 5 years is significant above 7%, according to my brokerage that is, so the gap between that and mortgage rate would be a significant factor for me, but definitely a worthy consideration in this decision. Checking with my current lender first would be smart. It is just so hard to get a hold of anyone but typical customer service "bullet-stopper" nowadays. | |
| Jun 26, 2018 at 19:54 | comment | added | Istanari | It is likely that a large portion of the OP's "investment assets" are not actively providing income if they are tied up in 401k or IRA accounts; the assets exist but the earnings are not available without significant penalty. This would account for the unusually low return you cite. Conversely, the OP may simply be incredibly risk-averse and be invested in cash or safe bond funds. | |
| Jun 26, 2018 at 19:15 | history | answered | Pete B. | CC BY-SA 4.0 |