DRTDEVL

That's a relief. It would appear the max conforming in my county is $806,500 for 2025. Mathematically, with that formula, I could borrow up to $662,500, which is nearly triple what I would seek. Thanks for the insight.

I pulled my COE a while back, and can't figure it out. Backstory: Filed divorce in 2016, final 1/18. Ex ran up as much as she could during the separation and contested everything along the way to prolong the proceedings. 14 days after the final decree, my CH 13 was filed. I did NOT reaffirm the house she was still living in and she refused to refinance in her name (or assume the VA loan, as she was a vet herself) and it went to Foreclosure. It was IIB, as it was not reaffirmed, and was sold in late 2018, fixed up, then resold in 2019. The initial loan was an IRRRL refi in 2/16. Here's what my COE says: What would be required to obtain future eligibility? Does this mean I need to pay the VA $36k? Or is there a different amount I would have to determine to make them whole and reestablish eligibility? If its $36k, I'd be better off just going traditional or FHA for anything in the future.

From the article: "For the typical American, a new car is increasingly out of reach. Today, about two out of 13 people are making monthly car payments of $1,000 or more. For many, there’s no choice: They have few or no public transportation options and need a car to get to work, bring children to school and buy groceries." One could argue they most definitely had a choice... one to not choose the latest and greatest $50,000 ride, rather choosing the sensible pre-owned Toyota or Honda product at a fraction of the cost. I'll admit I once got caught up in the want for a new truck, but these days, wisdom prevails, and I drive a 12-year-old Toyota. Could I buy a new truck again? Yeah, probably, but I don't want to drop that much savings on a sizeable enough down payment to keep the monthly payment under $500, as I would desire to do. In addition, this is the only logical outcome after years of "payment mentality." The "What's the payment?" crowd isn't looking at the long-term viability of the plan, only whether or not they could afford the payment right now. God forbid anything happen like a work slowdown, injury, illness, hospitalization, or change in circumstances like the possible addition of a new family member next year. Something happened? "Well, what's the payment? I can afford that" (never mind the insanity of financing a depreciating asset for 72 months and rolling in 10,000 in negative equity...).

https://www.businessinsider.com/ford-patent-cars-repossess-themselves-drive-away-if-missing-payments-2023-2?amp What could possibly go wrong?

And it was answered in the first two responses. Don't liquidate the 401(k). It will costs you 20% of the withdrawal off the top in tax penalty in addition to the regular taxes you have to pay as it is taken as income. Have you considered a good 0% balance transfer card? Transfer as much of the 29.74%, 28.74%, and 27.49% cards on there as you can and pay everything else down during the 0% period? Then as that one is ending, find another 0% card to transfer it again. Wash, rinse, repeat until the balances are all paid off.

Aside from the topic at hand, I also have to inquire about that point... From the information given, we can only assume the SIL is in the Navy, is this correct? If so, this transfer was called a PCS. PCSs come with certain allowances to cover these items, like a Dislocation Allowance (minimum of $2972.52), Temporary Lodging Expense (up to $290/day for 14 days), per diem for travel days, and they continue to draw BAH during this time (minimum of $3639 in San Diego). That's over $10,000 in their first month in San Diego (on top of the regular military pay). With that said, WHY were they using AirBnBs instead of actual lodging that could be charged on their Government Travel Card and paid off with their travel pay settlement? What is the plan for them to repay you, considering his income is more than sufficient with Base Pay (at least $2632), BAS ($452.56), and BAH ($3639). Most people aren't drawing over $6700/month in pay and they definitely aren't getting $4100 of it tax-free? This sounds like you are enabling a lot of very bad decisions on your daughter and SIL's part to your own detriment while they are living it up on over $80k/year.

Its on your bookshelf.😁

Just an envelope addressed to the local Catholic church from the local Catholic credit union... that has been in my box 3 times before, yet keeps coming back to my house... I live at XX3 40th st, the church is XX5 4th st. Each time it leaves my house, it goes 100 miles away to the sorting center, gets stamped again and returns to my house. The CU is literally 300 feet from the church, yet this letter has traveled over 800 miles trying to reach its destination.

Yeah, I think I'll just keep them for the average age and sock drawer it once I find something better on fuel rewards (all I use it for now). They obviously aren't going to let me maximize my available credit. Sadly, all I wanted the CLI for was to take less hit on the scores when carrying a balance on the 20th, as its too easy to be at or above 50% with such a small limit.

More info: Got the card 3/21. $2500 secured (that's the max they allow). Hammered on it with PIF numerous times a month until it graduated 11/21 and I got a $200 CLI. Continued hammering on it until the rewards matching period ended 3/22 (another credit for 1-2% of the annual spend, that alone was a nearly $500 credit), but by that time, NFCU $1k secured graduated and CLI'ed me from $1k to $1.5k to 2k to $5k, and was giving 1.75% back for everything, so my spending on everything but gas and restaurants transferred there... all gas station purchases and restaurant orders went on the Discover (still spending $1000-1500 every month). If you do the math on that, I have spent about $50,000 on that card in less than 2 years with about 30 PIFs. One would think that level of spending would warrant a reasonable CLI, not $200. 2 days ago, I PIFed the $500 balance before my account reports on the 20th (doing it 5 days in advance ensures its paid down/off before the reporting date), and made a total of $1110.52 in payments on the card this cycle. Next month, I will be taking a road trip and spending about $800 on gas and 2 weeks of family dining out on the card, so it will see a spike in activity again... likely maxing it on the trip out, paying it off online from the VRBO during our stay in FL, then running it way up again on the return trip (and visiting family in various places along the way). I'm not sure what else I can do to give this card a reasonable limit for a household income of nearly $200k.

I would hope that means 7 years for the 13, as I understand that's how long it reports. Only2 more to go.

I have been known to run that card up to within $100 of its limit more than once in a month, then paying it off in order to use it more. I'm not sure how they can claim not using it enough. I just paid it off for the cycle date ($500-ish), as it reports on the 20th, and I pay it off again in full around the first when my retirement checks come in. I'm going on vacation in March, driving to FL and back in a rental SUV. I was planning on putting all of my gas on it during the trip... Should I request a CLI when I run it all the way up, pay it off, and then run it halfway back up the following week? I primarily used it in the past for gas and restaurants, but the new Cap One gives better rewards for dining so its been replaced on that front. My wife has an AU card for the Discover, so all her gas goes on it, too.

Once again, all were IIB, and I have perfect credit in the 5 years since then.

I didn't call. The form letter just says public record and accounts with serious delinquency (all the ones IIB).

I did. But my curiosity gets the better of me at times and I wonder why they have been almost 100% NO for the past 20 years. I currently have NFCU cash rewards (1.75% on all purchases), Discover It (2% gas and restaurants, 1% everything else) and Cap One SavorOne (3% dining, entertainment, streaming, grocery, 1% on everything else). DW has a couple USAA cards, a cash rewards 1.5% card that has a CL of $15k or so (I forget) and a USAA AMEX that gives 5% on gas (up to $3k/yr) and 2% on groceries (up to $3k/yr) with a CL of $30k. My cards are definitely better overall, but her two cards have about double the combined CL of my three cards.