Today, after my husband applied for a VA loan so we could move out of our ridiculously overpriced apartment and into our first home as a mortgage would be significantly cheaper, we were denied. If we can afford $1400/month in rent, we surely can’t be trusted with $1000/month for a mortgage, right? FML
Collection
Fall
Dead leaves, the first cold of the season and an umbrella flipped inside out: fall, the season of grace.
Today, I was supposed to close on a house. Unfortunately, our lender decided that they couldn't finance us and denied us a loan, after 3 months of us digging up paperwork, saving money, and packing. Now we have to scramble to find a new place, while our insane landlady screams at us. FML
Today, I have a good job, good credit, no outstanding loans or credit card debt, good savings and so on, yet when I applied for a mortgage for a £100,000 house, I was offered a measly £35,000. What the fuck should I buy with that, a second hand wet cardboard box? FML
Today, I got turned down for a home for low income people because my income was too low. FML
Today, after talking to the bank, I'd have to take a pay cut to qualify for a home loan. I'm still confused. FML
Today, after months of looking, my fiancé and I finally signed a lease. We are using my savings to pay for it. This apparently poses a "moral dilemma" for my in-laws, who think we should wait to be married. I'm paying for an apartment I'm not allowed to live in. FML
Today, my Food Stamp application was denied because my income is apparently “too high”. I pay $1800 in rent and water, $130 for the phone and internet bill, $400 on credit cards, $150 for electricity, and $120 on car insurance. Nice to know they expect me to eat with $50/month. FML
Today, we finally got paperwork saying we were approved for a loan to buy a house! The only problem? It's not eligible for the county we live in. FML
Today, I looked for an affordable home. I'm on SSI but only on a bare minimum (less than $950 a month), but I'm by myself so I thought it wouldn't be a big deal. All the homes in my area are over $1k. When I tried to look for one with less beds and baths, they demanded I make an account before I could search further. FML
Today, after I just bought a house that is pretty good and suits all our needs for space, my in-laws moved in because they ran into financial troubles. Guess who is stuck with all the extra expenditures? FML
Today, my husband told me the only reason we're still together is because he can't afford to move out. FML
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Top comments
ciph3r 10
Damn, that is screwed up. I use VA loans as well and have never been denied. You should try a credit union rather than a bank. Also, find out why they denied you.
Phillycheeze 20
I've never had any problems with getting my VA loans. Try to find out why the said no. Try a loan thru USAA. I got a home loan thru Mr. Cooper. 2% interest. I really hope you get your home. Renting sucks
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Comments (20)
Johnny5 16
That’s because the bank also accounts for your property taxes and home insurance which probably bring it to more than $1400.
fde2blknimout 18
Have you heard of property tax, inspection, realtor fees, water, heat, electricity, maintenance..... you have 400$ for all that and more.
draghkar 18
$1000 a month? That’s my property tax bill.
BurnInDemonFire 39
What? I pay that for my mani-pedi. Mizuki is the best, and I will not trade her in for anyone. Plus, she always wears really low-cut... I'm going off topic here, so I'll stop.
purplemonkey 7
You may need a higher credit rating. Also even though you don’t need a down payment with a VA loan closing cost could run about 10k.
pins91 27
That’s because you’ve also got rates to pay depending where you live. It’s ******* expensive
boredgirl_02 14
We had no problem with a va loan for a new house but an older house was harder to get. Don’t get the specifics cause my hubby dealt with it all.