3 ms·

To me the worst is that there seems no way to clean this up. Like the story when he applies for a mortgage and they tell him not to bother. At least at this poi

To me the worst is that there seems no way to clean this up. Like the story when he applies for a mortgage and they tell him not to bother. At least at this point you would expect somebody to take a look and clean this up. But instead the machine keeps going.

patio11 7y ago
> when my wife and I went to apply for a mortgage, our agent at the bank told us not to even bother including my name and assets I think there exists a difference in what the author is communicating happened here and what actually happened here. I'm presently in the process of applying for a mortgage. I'm married. My wife will, pretty much inevitably, be told not to bother filling out her half of the application. This is not because the loan officer, a commission-seeking sales employee of the mortgage originator, believes she is unlikely to be approved for a mortgage. This is because the loan officer is accurately advising the juice is not worth the squeeze. The loan officer sitting down with my wife and I is going to say "Mrs. McKenzie, your situation is complicated to explain. His really isn't. Do you want to spend many hours documenting it in a fashion which will not change our decision on how much house you can afford or what your mortgage rate will be?" I understand that this is not the way that people are socialized to think about credit, but understanding the business process here would cause one to have a very different understanding of the amount of actual damage sustained here.