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Thanks to potential "discrimination" charges, it's hard to get a lender to step outside the guidelines. What is provable for one is not provable for the other.
Imagine if you had to give a loan to a known mob member, like Tony Soprano. He has all the assets, but no income. You know full well what he's accused of and any day they'll nail him and he'll be in jail- just hasn't happened YET.
On the other side of your desk you have Ma and Pa Kettle. never spent a dime in their lives, also have huge assets, but no income.
Who do you approve, and disapprove?
Banks follow cookie-cutter guidelines to prevent "discrimination" charges.
rjp
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In the movies only bad guys sleep in king size beds.
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