Need Some Br Wisdom

[K_Mac]

I will give you my opinion FWIW. The most important thing for you to consider is what is in the best interest of the kids. I hope you and your wife can work this out. Whether you can or not does not change your responsibility as a parent. Will the in-laws helping out with housing make it easier for your wife to take care of herself and the kids? With you deployed she will likely need her parents help...I wish you the best and will keep you and yours in my prayers.

[Boogey Man]

Clayton, according to your profile you're 24 yrs old with a wife and children and getting ready to leave for military service. First, thank you for your service to our country. Second, listen to your counselor and family. Get your fishing advice from a fishing forum

[J Francho]

Always remember this, as cold as it may sound, look out for YOURSELF first.

Yep, you can't help anyone until you're all set.

[clayton86]

Well here's where were at on this. My wife found one she loves and both her parents like it better then both there places its a 3br 2 bath in the country with large yard. 25k little more then planed but its a lot more then we expected also. She called "the loan guy" who ever it is idk she just says " idk who its the loan guy" well he was nasty she says and that he said he doesn't care that I'm deploying unless I'm a E5 or higher well I'm no Sgt I'm a specialist E4 its the only way he will give us the loan. Iv never heard of such a thing what's my rank have anything to do with a civilian loan. befor this I guess my father in law was gonna put it in his name and they said no unless he's the one living there. So now she's at a meeting with the realitor cuz even she is confused by all this.

[Grey Wolf]

The drama and suspence is cutting edge !

[Stasher1]

In many states mobile home mortgages are different than "stick-built" home mortgages and are actually more like auto loans. If it's a new home (or one bought through a mobile home broker), the paperwork will usually state that the buyer is the one who will be living in the home and it is not to be leased/rented/sublet for the duration of the loan. Perhaps this is what "the loan guy" was talking about?

[clayton86]

In many states mobile home mortgages are different than "stick-built" home mortgages and are actually more like auto loans. If it's a new home (or one bought through a mobile home broker), the paperwork will usually state that the buyer is the one who will be living in the home and it is not to be leased/rented/sublet for the duration of the loan. Perhaps this is what "the loan guy" was talking about?

This wasn't a mobil home but a modular out in the country but it fell threw her dad isn't gonna do it anymore so she's stuck in the apt she's in now unless she finds one after I leave.

[tomustang]

unless I'm a E5 or higher well I'm no Sgt I'm a specialist E4 its the only way he will give us the loan. Iv never heard of such a thing what's my rank have anything to do with a civilian loan.

Your rank is your pay grade, depending on the loan amount, how much your grade (pay) plays a factor on how much you can take out. This isn't the pre-Bush era where you can make 10K a year and pull a 300K mortgage loan anymore

[Grey Wolf]

And the beat goes on.

[clayton86]

Were paying cash for 75% of the loan so that's why we were confused but we have other income besides mine but anyways like I said its all done and over she's gonna stay in the apt or more in with her parents which I don't want but if its easier then so be it I won't be around for that chaos.