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​YouTube star stuns parents by paying off their mortgage
Here's one amazing way to say thanks to your mom and dad: Pay off their mortgage.
That's what rapper and comedian Timothy
DeLaGhetto did for his parents, providing
them with $210,000 to cover the balance on
their home loan. The gift was making good
on a promise he had made them when he
was a kid, when he told them he would
become successful and pay off their house.
DeLaGhetto, who has built up a fan
following over several years through his
YouTube videos, took the extra step of
capturing the moment on video, with the
heartwarming moment going viral and
reaching almost 500,000 views as of Wednesday morning. The comedian tells viewers that his
parents -- Kongkiat Chantarangsu and Sukhon Chantarangsu -- had worked "so hard ever since I was
a little kid" and he wanted to pay them back. The couple owns a Thai restaurant in Paramount,
California.
(Editor's note: The below video contains some mild profanity.)
"I may not be a doctor or a lawyer," he said. "But trust me ... I'm going to be successful at it, and I
promise you I'm going to pay off the house."
After he dropped out of college to focus on his YouTube career, DeLaGhetto said he realized it had to
"be a real mission for me, so they would know that my decision was a good one," he told CBS
MoneyWatch in a phone interview. "When I was probably around maybe around 12, when I knew I
really wanted to pursue the entertainment gig, I would say, 'Watch, one day I'll pay off your house.'"
In the video, his mom hugs him and starts to cry, while his dad says proudly, "I knew you could do
it."
While he handed his parents a check for $210,000, he also paid a separate $130,000 to pay off a
second mortgage on the house, he added. He also said he had stock in Maker Studios, which was
sold to Disney (DIS) earlier this year, which gave him "a nice little boost of funds" that made it
possible for him to pay off the mortgage.
As for his own situation, he notes he's still making payments on his condominium, but notes it's a
way to build credit.
DeLaGhetto, who has about 2.5 million followers on YouTube, is also a cast member on MTV2's "Wild
'N Out," a sketch comedy show created by Nick Cannon.
Still, his dad wasn't entirely satisfied. Apparently there's one other box he wants his son to check off.
"What about grandchildren?" Chantarangsu asked.
"Give me a couple more years," DeLaGhetto responded.
© 2014 CBS Interactive Inc.. All Rights Reserved.
FHALoanTexas.com has been helping homeowners and
residents in Houston, Austin, Dallas, and San Antonio
learn the ins and outs about FHA lending for over 20
years. We specialize in free advice to anyone that is
looking to learn more about how these types of loans
work.

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​YouTube star stuns parents by paying off their mortgage

  • 1. ​YouTube star stuns parents by paying off their mortgage Here's one amazing way to say thanks to your mom and dad: Pay off their mortgage. That's what rapper and comedian Timothy DeLaGhetto did for his parents, providing them with $210,000 to cover the balance on their home loan. The gift was making good on a promise he had made them when he was a kid, when he told them he would become successful and pay off their house. DeLaGhetto, who has built up a fan following over several years through his YouTube videos, took the extra step of capturing the moment on video, with the heartwarming moment going viral and reaching almost 500,000 views as of Wednesday morning. The comedian tells viewers that his parents -- Kongkiat Chantarangsu and Sukhon Chantarangsu -- had worked "so hard ever since I was a little kid" and he wanted to pay them back. The couple owns a Thai restaurant in Paramount, California. (Editor's note: The below video contains some mild profanity.) "I may not be a doctor or a lawyer," he said. "But trust me ... I'm going to be successful at it, and I promise you I'm going to pay off the house." After he dropped out of college to focus on his YouTube career, DeLaGhetto said he realized it had to "be a real mission for me, so they would know that my decision was a good one," he told CBS MoneyWatch in a phone interview. "When I was probably around maybe around 12, when I knew I really wanted to pursue the entertainment gig, I would say, 'Watch, one day I'll pay off your house.'" In the video, his mom hugs him and starts to cry, while his dad says proudly, "I knew you could do it." While he handed his parents a check for $210,000, he also paid a separate $130,000 to pay off a second mortgage on the house, he added. He also said he had stock in Maker Studios, which was sold to Disney (DIS) earlier this year, which gave him "a nice little boost of funds" that made it possible for him to pay off the mortgage. As for his own situation, he notes he's still making payments on his condominium, but notes it's a way to build credit. DeLaGhetto, who has about 2.5 million followers on YouTube, is also a cast member on MTV2's "Wild 'N Out," a sketch comedy show created by Nick Cannon. Still, his dad wasn't entirely satisfied. Apparently there's one other box he wants his son to check off.
  • 2. "What about grandchildren?" Chantarangsu asked. "Give me a couple more years," DeLaGhetto responded. © 2014 CBS Interactive Inc.. All Rights Reserved. FHALoanTexas.com has been helping homeowners and residents in Houston, Austin, Dallas, and San Antonio learn the ins and outs about FHA lending for over 20 years. We specialize in free advice to anyone that is looking to learn more about how these types of loans work.