scooterbug44
SoWal Expert
If they wanted 2 years proof of income, we wouldn't have such a mess on our hands!
true for alt A and subprime, but if you've got high scores, time in the property, it's your primary, with comensurate equity, a small bump in the interest rate covers the risk and satisfies a legitimate need. Default rate in that scenario is no higher than any A paper out there.If they wanted 2 years proof of income, we wouldn't have such a mess on our hands!
true for alt A and subprime, but if you've got high scores, time in the property, it's your primary, with comensurate equity, a small bump in the interest rate covers the risk and satisfies a legitimate need. Default rate in that scenario is no higher than any A paper out there.
goonguula, goonguula....at least I've got that going for me.Speaking in tongues belongs on the religion thread. :nono1:
I can't open your link, but that's the one who speaks in toots, anyway! :funn:
