hondapa26
| Favorite team: | LSU  |
| Location: | Gonzales, LA |
| Biography: | I'm a POT!!! Ask therocketscientist |
| Interests: | Golf, Football, B-ball, Baseball |
| Occupation: | Student at LSU Health Sciences Center-NO |
| Number of Posts: | 3148 |
| Registered on: | 9/28/2005 |
| Online Status: | Not Online |
Recent Posts
Message
re: Multiple fatalities in car wreck at Nicholson and South Quad.
Posted by hondapa26 on 2/27/25 at 10:45 pm
Has the speed of the motorcycle been confirmed?
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re: Multiple fatalities in car wreck at Nicholson and South Quad.
Posted by hondapa26 on 2/27/25 at 10:26 pm
The car in left turn lane had red lights. Came to a stop, rolled forward…stopped again. Then proceeded through said double red turn signal.
re: Mass Shooting in Lewiston Maine! (At least 18 dead) SUSPECT FOUND DEAD!!!!!!!!!!!!!!!!!!!!
Posted by hondapa26 on 10/25/23 at 11:26 pm
How are you following the chopper? Flightradar24?
re: Mass Shooting in Lewiston Maine! (At least 18 dead) SUSPECT FOUND DEAD!!!!!!!!!!!!!!!!!!!!
Posted by hondapa26 on 10/25/23 at 11:18 pm
quote:
Standard equipment on Subies are they not?
I think it depends on the trim…
re: Mass Shooting in Lewiston Maine! (At least 18 dead) SUSPECT FOUND DEAD!!!!!!!!!!!!!!!!!!!!
Posted by hondapa26 on 10/25/23 at 11:16 pm
quote:
YOU made the claim that the guy “heard voices” and “had a bad night” and that’s why he decided to do this. Again, pure speculation at this time with absolutely no evidence to support your claim.
If you read a little more than the headlines, you would see that he is an Army reserve trained firearms instructor who was reported to have mental issues earlier in the year…which included bearing voices and threats to shoot up the National Guard base in Saco, ME where he was stationed.
re: Mass Shooting in Lewiston Maine! (At least 18 dead) SUSPECT FOUND DEAD!!!!!!!!!!!!!!!!!!!!
Posted by hondapa26 on 10/25/23 at 10:43 pm
Did it have a CoExist bumper sticker?
re: Mass Shooting in Lewiston Maine! (At least 18 dead) SUSPECT FOUND DEAD!!!!!!!!!!!!!!!!!!!!
Posted by hondapa26 on 10/25/23 at 10:36 pm
One thousand! Not 3,000…the 3,000 men from Judah handed Samson over to the Philistines.
re: Grammy winning singer, Tori Kelly, in ICU after collapsing….docs find serious blood clots
Posted by hondapa26 on 7/25/23 at 7:35 pm
Scary thing is, these are just the “important” people we are hearing about. No telling how much this is going on unnoticed/underreported amongst the peons!
re: Grammy winning singer, Tori Kelly, in ICU after collapsing….docs find serious blood clots
Posted by hondapa26 on 7/25/23 at 7:31 pm
quote:
Until today I've widely dismissed all the health scares we have seen.
What about today changed your mind? Lol
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/23/23 at 12:00 pm
quote:
Yeah, at 200k gross you should be bringing home around 11-12k each month
Not if one is maxing out their 401k as they should be when making 200k gross.
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/23/23 at 10:44 am
quote:
The highest % we ever paid was 66%. Our mortgage and interest and taxes were $4100 per month or $49,200 per year. Out income was $140,000 per year.
How are you getting 66%? I got a different number there
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/23/23 at 10:21 am
I just copied the first 3 lines of the OP. I understand he or she was just copying from twitter. They start by saying, “Homebuyer DTI is now approaching 40% in 2023.” The next statement reads, “That means homebuyers are now spending 40% of their gross income on mortgage and interest costs.”
That’s not what that means though. Homebuyer DTI approaching 40% just means their total debt to income ratio is 40%…this number includes mortgage debt. The banks always include your future mortgage when they are figuring your DTI when applying for a loan.
That’s not what that means though. Homebuyer DTI approaching 40% just means their total debt to income ratio is 40%…this number includes mortgage debt. The banks always include your future mortgage when they are figuring your DTI when applying for a loan.
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/23/23 at 10:11 am
quote:
I understand but a few people here wonder how people are getting mortgages with high DTI
10-4. I don’t understand how the OP or the person on twitter just equated the two and most just breezed over that part.
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/23/23 at 10:04 am
quote:
Is another Mortgage Crisis brewing? Homebuyer Debt-to-Income Ratios (DTIs) are now approaching 40% in the beginning of 2023. That means homebuyers are now spending 40% of their gross income on mortgage and interest costs.
That’s not what that means at all!
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/23/23 at 10:02 am
quote:
As someone in the mortgage business someone with good credit get an FHA loan with total DTI at 56%
Correct, but the OP says homebuyer DTI of 40% is the same as homebuyers spending 40% of their gross income on a mortgage. It just isn’t.
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/23/23 at 9:59 am
quote:
We had a couple lenders offer close to 40%. No one squirms at 28% in my experience.
You had lenders offer close to 40% what?
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/23/23 at 12:16 am
quote:
Why don’t they have strict DTI ratio limits and strict 20% down payment limits? Seems like this would make things as secure as needed.
Most banks do have strict DTI requirements…especially after 2008. This person on twitter equated 40% DTI ratios with homebuyers paying 40% of gross income on mortgage. That just isn’t true.
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/22/23 at 11:54 pm
quote:
My 28 percent of a reasonably upper middle class income feels high (that's principal, interest and escrow) and seems at the edge of affordability.
It seems at the edge of affordability because it is. 28% of gross income is the number that starts to make most lenders squirm.
re: Homebuyers are now spending 40% of their gross income on mortgage and interest costs
Posted by hondapa26 on 7/22/23 at 11:45 pm
A homebuyer’s DTI of 40% does not mean said homebuyer is spending 40% of his/her gross income on mortgage and interest. So, I don’t know where this person on Twitter got their lines crossed. Otherwise, some good info. The increasing DTI of homebuyers nationally indicates an increase in borrowing. Banks generally won’t lend to anyone with a DTI greater than 45%.
re: For Sale - single ticket to LSU/Ole Miss
Posted by hondapa26 on 10/21/22 at 10:02 pm
(No Message)
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