There are a lot of interesting points about this. One thing that struck me is > applying to homes built after 1960 I wonder if that's just because they are m

There are a lot of interesting points about this. One thing that struck me is > applying to homes built after 1960 I wonder if that's just because they are more uniform and easy to underwrite? My experience is that older houses are generally better built, and e.g. a house in north America from before 1900 is liable to be in a better location and in better shape than something from 1970. Also, I recently had (minor) trouble buying a new car for cash. Everyone wants you to sign up for financing, I assume because there is so much money chasing returns there are big incentives to push loans. This service is actually a very smart way of getting (presumably subprime) loan signups - it's basically a value add over getting a traditional mortgage. And in the current climate of lots of cash chasing returns, I can see their angle as a good bet.