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To: Lockbox
Actually, not. I have a friend in the rental business who makes his real money by offering his most responsible lenders the option to buy where he makes the most serious money as a mortgage broker.

Some lenders LOVE responsible people on public assistance for two reasons: (a)their source of income is considered more stable than those with crappy jobs, (b)brownie points from Fedzilla for getting them into homes and extra brownie points if they are a favored minority group.

"Responsible people on public assistance" sounds like an oxymoron, but there are some of them out there who don't spend all the spare change which they have on booze, drugs, smokes, lottery tickets, premium cable packages and the like.

29 posted on 06/10/2016 8:43:17 AM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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. . . his most responsible lendersrenters . . .

Sorry!

31 posted on 06/10/2016 8:47:20 AM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: Vigilanteman; cornfedcowboy

Let me get this correct, someone can make enough on Federal and State Assistance to qualify for a home mortgage? Wow! No wonder 94 million Americans have stopped looking for a job!


40 posted on 06/10/2016 2:22:43 PM PDT by Lockbox
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