Libertas Primordium on Nostr: No. The bank doesn't care about you having "skin in the game." You're misinformed. ...
No. The bank doesn't care about you having "skin in the game." You're misinformed. They only care about risk. How much can they recoup in a short sale after they reposes your home?
When they start offering zero down mortgages in a housing bull market it's because they are confident that the cash value of your home will keep increasing, so they're willing to finance 100% of the sale price instead of just 80%.
Published at
2024-11-04 15:56:22Event JSON
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