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>For a roughly $610,000 home loan, a mortgage company let her verify her earnings with 12 months of bank statements and letters from clients. It clearly says s
by wil421 8y ago
>For a roughly $610,000 home loan, a mortgage company let her verify her earnings with 12 months of bank statements and letters from clients.
It clearly says she took out a 610k home loan which means it was still 600k. It’s likely she has a good bit of equity.
What kind of nursing student gets paid under the table by clients?
Still it’s pretty insane and I feel bad for her in 5 years.
>Ms. Hering, who is 30 years old, received a loan at a rate of just over 6% for the first five years; it adjusts after that.
With the Fed signaling they are raising rates she’s in for a shocker in 5 years.