**** Chase Mortgage
06-15-2004, 10:01 PM
#12
Super Moderator
Join Date: Feb 2002
Location: Amityville, New York
Posts: 12,288
Originally Posted by 1gendreemer' date='Jun 15 2004, 09:32 AM
Ugh..I'm just starting the house buying process....hope this isn't what I have to look forward to.. I hate financial stuff. It pisses me off that I have to APPLY to give the bank thousands of dollars in interest over the next 30 years! I mean, what's the worst that can happen to a bank in a mortgage contract...they get a house and have to sell it for what it's worth if you default on the loan...plus they keep what you have already paid in. I don't see why it's such a big deal to get a home loan since they almost always APPRECIATE instead of DEPRECIATE. I've never felt so like I'm getting raped in my life....
Good luck gettin your loot back from those ******* bro!
Good luck gettin your loot back from those ******* bro!
by the time you default and by the time they forclose they
lose alot of money. People who own more then 20% or so of
thier house usually dont default unless they stay un employed
or spend thier money on drugs or booze.
You see how fast a bank gives you a loan when you give them 20% down
plus closing costs, its a no income no credit check deal.
sucks for you phins, I always try to have 3 mortgage payments in the bank
at the least to cover mishaps
06-15-2004, 10:01 PM
#13
Senior Member
Join Date: Nov 2002
Location: Colorado Springs
Posts: 1,679
my parents has massive problems with chase also, as in getting evicted out of a house that you have been living in for 20 years. they did the same shitt. The mortgage was sold to them and they said that my parents had missed 1 year worth of payments.
06-16-2004, 12:49 AM
#14
Senior Member
Join Date: Nov 2001
Location: Ames, IA
Posts: 4,773
Originally Posted by phinsup' date='Jun 15 2004, 04:16 PM
I actually didn't, it was sold to them, but I used to be through washington mutual and they were cool, they even called me in november and asked if I would like to miss a payment for december for xmas and ****, I didn't do it, but I thought that was pretty cool of them.
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