Majin GoldenChild

5y

Lmaoooo ur a bad son if you don’t take financial responsibility and repercussions for ur mom while she’s still of age to be fully capable of working

Oak

5y

So my mother, brother, and I currently live in a house but we are renting. Currently, we have a month-to-month lease and our landlord proceeded to lie and tell us he wasn’t selling his house anytime soon. Then four weeks later he called back and gave us a 30-day notice to move.

As a result of this, we have had a hard time finding another house. And my mother doesn’t want an apartment. So she contacted a mortgage lender last week and they told her that my 780 credit score would most likely have to be used. Now my mother has been stressing me out and essentially harassing me over my credit score. Now neither of us makes a lot of money. I only work part-time so I don’t even know why a lender would approve me for a 300,000 house.

So today the mortgage lender called my mother and sounded very excited regarding my credit. He asked her “so which area are you guys looking to move and how much?” Which made my mother thrilled and very happy. The issue with all of this is - I’m going to UVA next fall and I DO NOT want to buy a house. I won’t even live there! The mortgage lender also told her that after we own the home for a year, we can easily refinance and have the home put entirely on my mother's credit. But that sounds wayyyyy too easy, especially when my mother's credit score is like a 490.

I feel like I’m witnessing the death of my future before my eyes. Now my mother keeps sending me long texts telling me “we don’t have any other options.”

I am panicking on the inside. For years I worked hard to maintain my credit and now I’m being pressured by my mother and a mortgage lender. Life was going so well for me but this s*** has been keeping me up at night. Causing me to lose sleep. My mother is terrible with finances so I know this situation is going to turn very bad for me. It sucks, even more, I don’t have anyone to vent to…. My mother’s friends and family members are encouraging her for this. I feel like I'm the only one who even cares about my credit or my future.

CGodJr

5y

His credit will go back up. It’s not big lmao. The only that would matter is if his mom can actually pay for the mortgage because if she can’t, he’ll have to work and be miserable. That said, buy only if you absolutely want otherwise you can’t just up and leave the property since it’s under your name

notglasspopcorn

5y

bruh I wish my mom could get a house, tf like and my name be on it, meaning im also an owner of a house, s*** id help whenever she cant pay the mortgage like thats a come up, y'all rich kids so weird man none of y'all grew up in the slums, a house??? id kill a nigga right now to live in a house

notglasspopcorn

5y

y'all f***ing weird, thats your mom you ride out and get that for her tf? this how I know y'all all spoiled af on here, also houses gonna be so expensive better to get one now

Smacked Voodoo

5y

Name and post off the f***in CHARTS here

Smacked Voodoo

5y

Name and post off the f***in CHARTS here

notglasspopcorn

5y

300k is beyond cheap, regular houses where im at is like 1.5 million for a shack. y'all tripping af plus she's gonna pay for it just using his credit. mortgage payments won't even be 1k, thats so light.

Oak

5y

So my mother, brother, and I currently live in a house but we are renting. Currently, we have a month-to-month lease and our landlord proceeded to lie and tell us he wasn’t selling his house anytime soon. Then four weeks later he called back and gave us a 30-day notice to move.

As a result of this, we have had a hard time finding another house. And my mother doesn’t want an apartment. So she contacted a mortgage lender last week and they told her that my 780 credit score would most likely have to be used. Now my mother has been stressing me out and essentially harassing me over my credit score. Now neither of us makes a lot of money. I only work part-time so I don’t even know why a lender would approve me for a 300,000 house.

So today the mortgage lender called my mother and sounded very excited regarding my credit. He asked her “so which area are you guys looking to move and how much?” Which made my mother thrilled and very happy. The issue with all of this is - I’m going to UVA next fall and I DO NOT want to buy a house. I won’t even live there! The mortgage lender also told her that after we own the home for a year, we can easily refinance and have the home put entirely on my mother's credit. But that sounds wayyyyy too easy, especially when my mother's credit score is like a 490.

I feel like I’m witnessing the death of my future before my eyes. Now my mother keeps sending me long texts telling me “we don’t have any other options.”

I am panicking on the inside. For years I worked hard to maintain my credit and now I’m being pressured by my mother and a mortgage lender. Life was going so well for me but this s*** has been keeping me up at night. Causing me to lose sleep. My mother is terrible with finances so I know this situation is going to turn very bad for me. It sucks, even more, I don’t have anyone to vent to…. My mother’s friends and family members are encouraging her for this. I feel like I'm the only one who even cares about my credit or my future.

notglasspopcorn

5y

y'all f***ing weird, thats your mom you ride out and get that for her tf? this how I know y'all all spoiled af on here, also houses gonna be so expensive better to get one now

Twist Your Cap

5y

what if she stops paying

who gets screwed?

her credit score is trash for a reason

What if he wants a house after school but can't get one because of this mortgage being active?

ANIME

5y

So yall gon let OP's mom be homeless

This is a hard situation tbh, and it honestly sucks. I have no advice to give because I don't know your family situation and your relationship with your mom

Majin GoldenChild

5y

IF YOU LET THIS HAPPEN YOU WILL RESENT HER AND YOU WILL RESENT YOURSELF IRONICALLY DESTORYING YOUR RELATIONSHIP W HER, WHILE UR THINKING TODAY THAT UR HELPING

DONT F*** YOUR LIFE UP 15 YEARS FROM NOW

notglasspopcorn

5y

she's not gonna stop paying, you find a way if that happens including loss of job insurance, you can rent a room out, in fact these days you can rent a room and get 75% of the mortgage payment, if not you can live there and pay something, 300k is like 1k a month on mortgage, keep a few hundred every month to the side in case something happens where she cant pay then you take over and its your house and you rent it all out, a house thats 300k right now gonna be worth 500k in a few years, you never lose if you're not dumb.

user

5y

She can just live in an apartment like she’s been doing?

That relationship is kinda f***ed that she would even seriously entertain doing this to her son lol

notglasspopcorn

5y

she's not gonna stop paying, you find a way if that happens including loss of job insurance, you can rent a room out, in fact these days you can rent a room and get 75% of the mortgage payment, if not you can live there and pay something, 300k is like 1k a month on mortgage, keep a few hundred every month to the side in case something happens where she cant pay then you take over and its your house and you rent it all out, a house thats 300k right now gonna be worth 500k in a few years, you never lose if you're not dumb.

user

5y

You have a very simple choice of telling your mom that she’s gonna have to live in an apartment obtained with no involvement from you or f***ing up the next ___ years of any upward mobility for you if it deals with your credit score and her financial habits affecting them

I think you know the answer lol

notglasspopcorn

5y

y'all f***ing weird, thats your mom you ride out and get that for her tf? this how I know y'all all spoiled af on here, also houses gonna be so expensive better to get one now

Innocent

5y

You got bad credit where you living?