Refinance hell: It’s an emotional rollercoaster…and I’m ready to throw up
Posted by: in Money General TalkFiled under: Banks, Borrowing, Debt, Home, Relationships
I’ve hit a wall. A realization. The point in my life where I’ve realized how bad I was with money. It started with my tracking my spending for a week. It was unsightly. Then came a large time in my life…refinance. We got one of those variable rate loans…you know the ones…where your interest rate blows up after two years?
Well, we’re about 8 months from that point. So I go out and look for refinance options. Get lots of great schpiels, quick speaking salesman, but that’s about it. I have the ability to not get help getting refinanced. “Your scores are too low,” they tell me.
It’s horrible. I feel like crap now. I even left work just so I could come home to mull around. Our home payment is about to go up. I’ve seen a lot on the news about sub-prime problems, and I never really understood what it was all about. But now I do. It’s about ME!
Am I in danger of losing my house? No. Not even close. But we are living paycheck to paycheck right now and I don’t like the fact that I don’t know where my mortgage will be in a year.
So now I feel like I’m back at Square One, with nowhere to go, and no idea what to do. I submit my plight to you, readers. What would you do in my position? I’m all ears.
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