Home > Bank Owned, Mortgage, REO, Short Sale > Only a “pulse” for home loan approval!

Only a “pulse” for home loan approval!

December 6th, 2008

Frankly we were shocked with some of the quotes in a recent Imperial Valley Press front page story about the Boom, Bust, Boom?… perhaps the comment referenced in the Press was taken out of context, what do you think?

Press the PLAY button below to view the Video

When did people stop having to qualify to borrow money? I mean banking fundamental 101, “.. reasonable income to satisfy requirements of the loan being repaid..”, otherwise it’s a bust.

Any comments on this? Good, bad or ugly, let me know your thoughts…

Bank Owned, Mortgage, REO, Short Sale

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