Talk of The Villages Florida - View Single Post - Applying for a mortgage
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Old 04-07-2011, 04:48 PM
taylor111947 taylor111947 is offline
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Quote:
Originally Posted by jackz View Post
Liz, if you don't mind sharing, which bank did you decide to go with? Thanks.
If you don't mind waiting - I'd like to make sure everything works out as planned before I say anything more - closing is in three weeks.

I can understand the bank's position, but it seems to me that retirees are the ones that will really suffer with these restrictions. It was brought to my attention when my sister applied for a mortgage - they have a small income, but make up for it in returns on their investments. They found the big banks had to abide by 'the rules'. A local bank was more understanding.