@@canadianukranian509 I have no idea what your point is. My point was that i dont loan peoplE money. I dont care who they are. If money goes from me to someone, i dont expect it back. I take the risk they wont give it back. I just pointed out to my husband, not to expect any money back from his grandfather. Loaning money to people changes the relationship, not for the good. I don’t want him to be angry or disappointed with his grandfather when he cant pay it back.

​@@andreacomiskey2249 my rule is don't loan out anything you can't afford to lose.

Only wheel barrow money

@@TheSmoothGrind fixed it, haven’t had my coffee yet lol.

Or from friends.

@@mikeemerson1091y’all must have terrible family and friends

While I generally agree, I borrowed money from my father-in-law for our mortgage (his idea, not mine). We have a set payment schedule (I pay first of the month, just like any other mortgage). Nothing is awkward between us, at least from my point of view. I consider myself extremely blessed/lucky, and while it worked for us, I would not recommend doing this for others - it just has so much opportunity to be a problem.

It’s worth that much but we don’t kno what he’s buying for

The guy is in Seattle, easier said than done.

400k house ain't want it used to be....

It sounded to me like he was uncomfortable owing his family money...because it somehow has started slowly changing the relationship, with his parents speaking more into his finances than they should be.

Yes, including other family members. The family sounds way to into his stuff already and the loan from his folks is probably more emotionally draining than it's worth.

@@JustinCase780 Agree.

@@JustinCase780 He did really say how anything changed.

@@jimmymcgill6778 He said no issues with the parents at first as they always give him advice but now it seems like "it's more the money talking" - which for me translates to them getting to be too much of a drain on his life by holding the loan over his head. So in his experience things have changed.

So because his parents were rich he can't have questions about money??? He wasn't 27 when he got the loan from his parents by the way.

Growing up wealthy doesn't mean he learned good financial habits and principles. Some people who grew up rich are the worst with managing money because their parents paid for everything they wanted and bailed them out whenever they had financial trouble.

Great. I can borrow from you then!

@@mattlaeff724 I give you money at 5% Interest Per Quarter Year

I’ve been watching Dave Ramsey videos everyday ever since I lent money to my brother and then never got it back. Dave Ramsey has taught me huge lessons on finance

@Novak D I know it stinks. I hope the show doesn’t trend downwards once he officially hangs up the gloves!

Not me, I love the different personalities

@@Austenfan177 yes, this is how I felt too but you’re right about them starting to build confidence within themselves.

I like them all but Dave is my favorite to listen to.

He has family connections you and I don't have. After all, his parents have so much money they were willing to lend him $300K.

@@megalodon1726 Nothing wrong with that either. Just another perceptive. I survived.

@@nunyabusyness762 Nearly the Same Income but Part Time so a bit more than 12K ..

I would just keep paying my parents get an extra job to increase payments to pay it off quicker

manual underwriting takes time

Of course they do. Manual underwriting is more expensive than the standard. Period.

Yeah but they have the word church in the name so go with them if you want to be allowed into Heaven.

@@FrankS111 Okay, I’ll be honest, I have no idea if that’s true. But my original comment- that their mortgage rates were the highest we shopped- has nothing to do with that, as we were not looking for manual underwriting. I made this comment as a service to those who might go with Churchill without knowing they can get a better deal elsewhere. Also adding that if their mortgage rates are higher with manual underwriting specifically, my guess it’s because they know those customers don’t have other options

But we don’t know the whole story. It’s possible his siblings are deadbeats and the parents know they won’t pay back where as the son they loaned to they knew he would pay back. It’s a sensitive area and parents struggle making the right decisions. I’m glad I only have one step daughter to worry about but she has turned out great. It seems he borrowed around 300k from this parents. That’s insane. Even a 105k salary is it reasonable to expect him to pay 30k a year to his parents. Maybe but it would still take 10 years. Maybe he’s the oldest too and the expectation is that him and his wife are the ones who will take care of the parents. Who wants this burden?

Parents yes, not the siblings. Nah. Siblings can be stupid and competitive toward you.

@@LoveLife-oo9cz Not my siblings lots of good sibling out there. Same goes for my parents

It sounded to me like he was uncomfortable owing his family money...because it somehow has started slowly changing the relationship, with his parents speaking more into his finances than they should be.

@@Sheryl777 But he said nothing at to what they said.

He's in Seattle. There are no $300K houses there except fixer-uppers.

@@megalodon1726 Does he need a house at this moment or could he rent. That 300k could do a lot of things. Four years of that income and 300k could work wonders.

Yup!

How much is a starter home in Seattle? That's where he lives.

It’s worth 600k! Doesn’t mean he’s paying a that much for it

@@reese85 Very good point.

$600K in Seattle is less than a starter home. More like a 2 bedroom condo.

@@jml9550 he is making $110k a year but if he gets married and has kids he won't have enough in the future, could have gone to a cheaper area.

Yes. The timeline too, it didn’t make sense .. age 27, and remortgaging for a second time in a short span to get it out from under the parents? And looking to go with Churchill? Odd … the LTV ratio seemed off too, unless he had a huge deposit to put down (maybe daddy money again), or literally got the house before turning 20.

It wasn't very sneaky. The caller dropped the name straight out of the gate. 😂

@@JustinCase780 the "caller" is probably associated with Ramsey or Churchill 🤷‍♂️

@@listerinr You can't even tell that he's calling from the studio. These guys are slick.

Yea why? We definitely wont get any critique from dave

Porque?

Russian bot spotted

The one time I contacted them, they were mediocre at best. Lack of knowledge, lack of customer service, lack of personality.

$1750 a month. That’s some real stress.

Why should his parents profit on his investment!!! They aren’t owed double of what they loaned! That’s not family that’s scheming on your own blood!

No. Money is involved so that means his finances are an issue which means his wealth, income and family are to be considered.

She was getting too flirty with George so was requested to move on.

@JustinCase780 is that true for real no way 😏 flirting with George and loses her job maybe are you kidding around

🤣😂🤣

I don’t see her in their marketing as a personality anymore

Denied. 😂🤣

My parent have never given me a dime. They took a loan out on everything they used to raise me and I'm paying them back for it.

@@firefly9838 i wouldn't. They chose to pay for you.

@@nikolaig1 no my existence forced them to divert money from their stock portfolio. They said I cost them a 4% dip in their profit margin. So I feel bad.

What