Bankers!
By Grinsporked - 11/10/2019 22:00
By Grinsporked - 11/10/2019 22:00
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By Norse_Freyja - 15/08/2021 21:01 - United States - Conroe
By Brad - 07/09/2018 18:30
By Anonymous - 24/06/2018 20:30
By Anonymous - 09/12/2020 11:09
Hint: Go to a different bank or Credit Union!
I'm pretty sure that's not what they said. I think you need to go back and ask for an explanation.
I’m guessing they were explaining a very specific type of home lone to you. Perhaps a first time homebuyer loan or a similar loan with special rules. A traditional 30 year mortgage won’t have a maximum limit to it.
That means you were trying to apply for an assisted loan for lower income households. I’m guessing you’re trying to finance a bigger loan than you qualify for without assistance. So either save up to make a bigger down payment or find a cheaper home.
Keywords
Hint: Go to a different bank or Credit Union!
I'm pretty sure that's not what they said. I think you need to go back and ask for an explanation.