trying to communicate is that lenders are still doing these loans and not giving the borrowers the courtesy of performing in their best interest. In the first scenario, this is flagrant predatory lending, not on top of the consequences to their private wealth client LOSING THE INTRODUCTORY 1% discount because his balance would not be over $10,000. The client had to tell his loan officer SHE WAS NOT DOING HER JOB AND TAKING CARE OF HIM AS A CLIENT. The wealth management advisor was sitting in a corner office behind me, and he came out and apologized to this gentleman who has long been a private wealth client for many years.
In the second scenario, the client was promised his HELOC would fund th 15th, but it was delayed until the 16th, and it had negative consequences to the client who was leaving he country on the 15th and needed to conduct certain business transactions with the proceeds before departing.
I wasn't expecting the NR gestapo and it was unnecessary and petty from someone who has no frame of reference or similar experience, apparently.
If one does not benefit from my posts and experience, they should not spend an iota of time reading about them. Pointless and of no benefit.
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