We can’t have loan officers, title companies or realtors eating bark off the trees.
dwgalaxy on
Those were popular in 2008!
awesley on
Who is offering this?
Topseykretts88 on
You should talk to the loan advisor before assuming the bank is loaning the whole 105%. There are multiple programs by the federal and individual states to make up the difference, including CC.
No-Sand-75 on
Some even 150% its not abnormal
midnitewarrior on
I wonder if negative amortization is going to make a comeback as well!
staticxx on
What dies 105% even mean? Eli5 ?
McCloudX on
This must be in the US
Disillusioned_Pleb01 on
Fractional reserve banking increases money supply. Instead of going in the 37 trillion pile, it goes on the household debt pile of 18 trillion.
10 Comments
Crash ahead
We can’t have loan officers, title companies or realtors eating bark off the trees.
Those were popular in 2008!
Who is offering this?
You should talk to the loan advisor before assuming the bank is loaning the whole 105%. There are multiple programs by the federal and individual states to make up the difference, including CC.
Some even 150% its not abnormal
I wonder if negative amortization is going to make a comeback as well!
What dies 105% even mean? Eli5 ?
This must be in the US
Fractional reserve banking increases money supply. Instead of going in the 37 trillion pile, it goes on the household debt pile of 18 trillion.