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/biz/ - Business & Finance


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25883438 No.25883438 [Reply] [Original]

>NEET
>$3k savings
>$150k crypto
>$50k stocks
>still get denied for mortgage application

>> No.25883475
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25883475

By the end of this year you won't need a fucking mortgage fren

>> No.25883481

>>25883438
200k of that could go to 0, who could blame them?

>> No.25883519

>150k crypto
Imagine when in real life they're going to tell you that internet money are not real.

>> No.25883533

>>25883438
So you have no source of income, actually label yourself a NEET and wonder why a financial institution would not want to loan you money?

Really?

>> No.25883547

Idk if you're being ironic, or just flaming retard?

The lenders care about your realized ability to pay them back monthly..meaning- being a NEET faggot won't cut it for standard mortgages. It's really simple to understand.

>> No.25883586

>>25883438
What's your monthly income and credit score? The Jews need you to have those before they usury you

>> No.25883588
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25883588

>>25883438
kek, you applied for a mortgage with zero income? what did you think was going to happen?

>hello will you please lend me $300k, no I don't have an income, I do have half that much money in magic beans tho

>> No.25883634
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25883634

>>25883475
>By the end of this year you won't need a fucking mortgage fren
Because he'll be in section 8 housing by then.

>> No.25883658

>>25883588
Kekd b checked. You have to NPC your way into a mortgage which means you have to show your various financial balls and chains of slavery. Just buy for cash if you’re a true cryptochad

>> No.25883675

>>25883438
Cashout when you made enough, put your money to sp500 or something less volatile, you should get loan if not get wagie job and quit after you were approved for loan

>> No.25883698

>>25883438
buy in cash poorfag

>> No.25883804
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25883804

>>25883588
You'd be surprised how many young people I hear complaining about mortgage app rejections because they don't even have two (2) years of steady employment evidence in their bank account.
I don't even want to imagine the sort of thinking that would lead someone to think they're good to take on real estate when they can't even hold down a McDonald's job for more than a few months before retreating to Mom & Dad's basement hotel for NEETs.

>> No.25883883

>>25883438
fucking idiot take 30k out into savings they wont say no

>> No.25883937

>>25883883
They'll say no if he doesn't have two years work history. It's not just about having a down payment. You need to show evidence you have a *recurring* income that isn't going to disappear next week.

>> No.25884000
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25884000

buying a house when eth/defi alts are going to 10x is pretty cringe, just rent a shitty condo while ur coins mewn

>> No.25884121

>>25883438
buy a lot in cash for 200K, build a home on it when you have the money

>> No.25884133

>>25884000
Trips checked but you're insane to not at least cash out enough for the minimum down payment for real property.
Speculating on cryptocurrency is fine but you'll really regret it if you end up with no money and no property, vs if you at least get your house and can relax in the comfy suburbs landlord-free and nigger-free.