Amusing video

This video is amusing (economic content, rap style) and I had to share. Unfortunately you'll have to click the link to view.

So, halfway through February, still on house build, but we're close to the finish line. Amazingly, we have our "final", the last and final inspection and occupancy permit. We also have new obstacles. Both the bank and the insurance company require an electric heater (in an off-grid house!) to supplement the wood stove which is our primary heat. In case we leave at one of the few times each year the temperature drops below freezing. DH Matt is running around jumping through the hoops...most of our walls are concrete, floor also. This is not easy.

Now I have just received a call from out mortgage lender saying that the underwriters are refusing our loan because it is a non-conforming loan...off-grid house and the land value is 90%. I'm serene about that because I think they'll finalize the loan anyway. The loan we're applying for is 20% of the land/house value. It's a sweetheart deal for the bank. The issue is that banking is no longer about risk. The government assumes all risk if the loan conforms to Fannie/Freddie standards. Which this doesn't.

I asked her not to tell DH yet, though. Wait until we hear more on Monday or Tuesday, 'cause this isn't over yet.

I might tell him tonight, after he's had a glass of wine. I'd hate to ruin his weekend, though.