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Financial Planning / Tax Strategies


Subject:  Re: Something Funny Going On Date:  9/26/2012  11:54 PM
Author:  CABob Number:  116675 of 127641

For some reason many lending institutions primarly look at income and ignore assets or net worth. For the last home loan I got I had to show that I was taking withdrawals from an IRA in a sufficient amount to cover the mortgage payment even though I could show that the IRA had enough in it to buy the home twice or more. And that was at a credit union.

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