So banking is a complex mess of years and years of regulation that seem to change when the government does or there is an event. An example for me personally wa

So banking is a complex mess of years and years of regulation that seem to change when the government does or there is an event. An example for me personally was trying to buy a house after the crash. (This bit is simplified vs the details of rules). They changed the loan laws to put incoming as the key limit on what you could write a loan against. I had made a nice chuck of money on my last startup and was very lucky enough to be in the position to be able to write a check for the house. That however would make no sense. The interest rates where very low and having a mortgage has a tax benefit. The issue was that I had moved to another startup and traded salary for stock, so my income was to low to meet the requires for the home loan (they ignore the fact that my net holdings could cover the house 8x). No major bank could write the loan. However I was able to find a private bank that because of their structure and the fact that they carried the paper (did not sell the loan on) where able to write the loan no issues. I just structured stock sales each month to cover the mortgage, ignoring my income (which was a number picked to cover the family expenses less the housing cost). I was only able to set this all up because it was a private bank that looked at the full picture. That’s the key value of a bank like this.