Re:Some young people are buying houses with friends
by clairity on Wednesday March 06, 2019 @11:01AM
(#19319881)
I’m not sure i can be that cynical, but you’re right that lenders prefer higher monetary velocity (in the form of transaction volume here), all other things being equal.
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Re:Some young people are buying houses with friends
by fbonetti on Wednesday March 06, 2019 @11:09AM
(#19319950)
They don't. I don't know where your getting this idea from. The tiny origination fee that lenders charge is nothing to compared the amount of interest earned over the life of the loan. A lender would much rather have steady income over 30 years than constantly having to seek out new deals.