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A comment on Today I asked a bank for a conventional mortgage and they said no. Parent comment

Re:Today I asked a bank for a conventional mortgage and they... by SilasX on Tuesday April 12, 2022 @05:21AM (#31000347)
Also answered: He paid himself out a salary that was a small fraction of those figures (but most of which was self-employment income):

https://twitter.com/dvassallo/status/1513683918058262528

There was also a tweet saying how much of the last year was investment income, but I can't find that and Twitter actively makes that hard to search for.

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Re:Today I asked a bank for a conventional mortgage and they... by rsynnott on Tuesday April 12, 2022 @05:28AM (#31000397)
Yeah, so he should be going to a specialist broker/lender, not a random bank.
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Re:Today I asked a bank for a conventional mortgage and they... by quantified on Tuesday April 12, 2022 @06:41AM (#31000827)
A small bank or S&L that services the loan after issuing is more likely to issue the mortgage. And it’s more likely to benefit the community compared to a big bank. Worked for me.
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