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Secret! I knew that. Thanks for posting it though. It might help others who do not or are not educated enough on the industry to think like this.
I am seeking your opinion on the scenario though if you want to comment.
Let's assume that there is not other lenders and border income is not acceptable nor is bank statements.
Do you feel this would warrant 3300 on a stated income loan? Ethical or Unethical in your opinion.
I also said no documentation to support which would include bank statements but I was vague.
You deffinately have the right thinking though Secret! I appreciate the additional input!
__________________ Greg Phillips Manager Fairfield Mortgage Company Web : Home Forums Blog |