Give anyone with a credit score 750 or higher who is well qualified for a loan on either primary home or rental home(s) and/or both 0.0% APR fixed rate loan for 15 years and allow those well qualified people to take out as many loans as their income can support, with the caveat that
(1) The loans only given to U.S. citizens and permanent residence.
(2) The loans would go through extensive screening, checking and verification such that liar loans are nearly impossible.
1. Housing market problem goes away
2. Keeps the stock market pumped up (since no one will want to buy fixed income)
3. Put’s this country’s finances in the hands of the more qualified and more responsible people in this county.
But most importantly…It would benefit people like me the most.
