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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Proud Deplorable who wrote (53904)12/9/2007 9:17:54 AM
From: loantech  Read Replies (1) of 78424
 
Well I have to agree that the banks and the regulators really screwed up on this lending thing. Give me a stated income loan. No not good enough. Give me a no ratio loan.Do not state the income. No not good enough. Give me a NINA loan. No income no verification of assets. Not good enough give me a NINJA loan. No income no job and no asset.Not good enough you say only 80% loan to value. Okay 90 % loan to value no not good enough make it a 100% loan to value loan, no income verification, no job verification and no assets in the bank verification.

Good enough right? No. <G> You said I needed a 700 FICO. Make that loan for a 620 fico and we have a DEAL! Let's make a deal.

The NINJA 620! My kind of banking. No lending process just drive your truck up to the teller window and dump the cash into the back end!

Your man in the preceding photo is our Underwriter!
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