Me when I hear people saying that they are just “giving away” home loans to anyone now and we are headed towards another economic collapse due to poor lending practices…
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Obviously non of those talking heads has ever tried to get a home loan as a self employed real estate agent working on commission. I could be cliche’ and say they want us to sign away our first born child, but THAT is relatively “simple” compared to what they actually NEED us to do…things like provide account history documentation that only has transactions that contain the letter z in them (only a SLIGHT exaggeration on that one) or they need for us to will the IRS to send documents through the US postal service in a reasonable time frame after they have been requested multiple times (no exaggeration there)
10 Things I would rather do then ever have to qualify for another home loan as a self employed real estate agent paid on commission ever again:
100 belly flops like this
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Walk a mile in these shoes (or even 5 steps)
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Hire this guy as my trainer
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Ride in this elevator
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Have a baby that doesn’t like kisses
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Stub my toe every day
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get stuck without toilet paper
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Eat the heel
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Accidentally touch GUM under a table in public
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Find this
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So here we are in the 11th hour…supposed to be closing on our new house on Friday and we still are clueless as to what the status of our loan is.