I am a mortgage loan officer in Alabama ..blacks can afford homes most (9 out of 10) have fabulous jobs and income .. 9/10 don’t pay their bills and have terrible credit.. OR have $100k plus in student loan debt and make $3k a month and have late pays on student loans .. federal debt .. can’t get a FHA loan. I spend 3x’s the time with them getting their credit intact and I really love doing it (no cost) because it’s my passion to get every one in a home. I’m only offering a perspective in my neck of the woods. We need classes on credit for EVERY ONE!!
I am a mortgage loan officer in Alabama ..blacks can afford homes most (9 out of 10) have fabulous jobs and income .. 9/10 don’t pay their bills and have terrible credit.. OR have $100k plus in student loan debt and make $3k a month and have late pays on student loans .. federal debt .. can’t get a FHA loan. I spend 3x’s the time with them getting their credit intact and I really love doing it (no cost) because it’s my passion to get every one in a home. I’m only offering a perspective in my neck of the woods. We need classes on credit for EVERY ONE!!