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In everyone’s opinion, what sort of criteria and terms would make a “perfect” loan?
Perfect for who?
The borrower?
The bank?
The investor to whom the bank sells the loan?
The mortgage agent on commission that makes the deal?
The RE Agent that brokered the home sale?
The appraiser that provides the number the bank yeas or nays?
The future neighbors of the person to whom the bank is thinking of loaning the money?