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Sound pretty typical for a large bank. You could be a multi-millionaire with your assets in tax sheltered accounts and living frugally on social security. The bank would only look at your income. They don't care about your assets. Makes it pretty tough for retirees. Do you have a locally owned bank or saving and loan in the area? They should be easier to deal with.

I've dealt with the one for decades. I know everyone in the place. Sure makes it easier when I want to borrow. They still use their brains as well as numerical guidelines when making loans. In addition, they hold their real estate loans instead of selling them like most banks do. Sure thankful for that the last few years when some homeowners didn't even know who they owed their mortgage to.
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