@Andrewfrom1998 @raptorsx95@dogedaddy69420 @ick_real Correct. Cannot discriminate based on age. However, to qualify for the loan in this hypothetical, the 80 year old would need to be bringing in enough income to qualify for whatever loan they are applying for while still not having too high of a DTI
@neuroglioma@theficouple It is more stable just cause it’s ‘guaranteed’ especially for like base salary. But like you said, employees can be laid off at any moment so in reality it’s not truly stable. Lenders just see it that way cause they have to justify giving money away somehow haha
@neuroglioma@theficouple I think it’s cause W2 is stable income that isn’t gonna change as long as the employee doesnt get fired/laid off.
1099 has no stability. A number of factors could see that income disappear or drop dramatically
@05Trial@BodegaaCat Tbf we’ve been competing with a nation state oil club for 4 years. That’s why the stats are so good with only 1 league title if we win this year. Fuck if these are all timers we’ve got 😭