Some businesses that are already in the business of selling home loans (banks) offer more flexible home loans to their employees, subject to conditions... Anec

Some businesses that are already in the business of selling home loans (banks) offer more flexible home loans to their employees, subject to conditions... Anecdotally, this seems to be of interest to some younger employees who want to get a mortgage but don't have enough saved for standard home loan. This is arguably win-win : an employee who wants to get a home loan is able to do so earlier in career with less cash saved (although likely at cost of a somewhat expensive loan), the bank is able to sell a loan at a relatively high rate to an eligible employee but with reduced risk from having a lot more inside information about the employee's source of income from salary & job security. But I am not sure if any of these employees knew about this perk before accepting a job offer to work at the bank!