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High Assets | No Job | Normal Mortgage: “I can afford the house outright. Why does the mortgage loan officer or bank care about W-2 income?”

by Chris Mason | May 14, 2021 | Resources

This is an excellent question, and like many things when it comes to applying for a mortgage, it ties back to the events of 2008. In the fallout of that event, numerous things happened, including the passage of the Dodd-Frank Wall Street Reform and Consumer Protection...

High Assets | No Job | Normal Mortgage: “I can afford the house outright. Why does the mortgage loan officer or bank care about W-2 income?”

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