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What do you mean "there goes your mortgage"? Banks don't swoop in and foreclose on your home just because you don't have a job. If you're still making the month
by imgabe 13y ago
What do you mean "there goes your mortgage"? Banks don't swoop in and foreclose on your home just because you don't have a job. If you're still making the monthly payments then your mortgage is still in good standing. They don't care if the money is coming from a salary or your savings.
- Spearchucker 13y agoIt's a dramatized example intended only to illustrate the point.
- imgabe 13y agoExcept it doesn't illustrate the point because it's completely inaccurate and doesn't make any sense. If you're still making payments, what does the bank have to gain by "flying your mortgage into the side of a mountain"? What do you even mean by that? I get that there are ways that the bank could screw if they're your identity provider. What you stated is not one of them.
- Spearchucker 13y agoOk, you win.