Grinsporked
Bankers!
Today, after talking to the bank, I'd have to take a pay cut to qualify for a home loan. I'm still confused. FML
Collection
Fall
Dead leaves, the first cold of the season and an umbrella flipped inside out: fall, the season of grace.
Same thing different taste
Rojo
Maxed out
Today, I was notified that my work is cutting my pay almost in half. I just renewed my long-term lease on an expensive apartment because I was able to afford it before this morning. Now I have no idea how I’m going to pay for it. FML
Anonymous
Cody, United States
Seize the means
Today, I found out I'm getting a pay cut, a week after I told my boss I need a raise or second job just to afford bills. I made the company 10k last week. FML
Anonymous
United States
Pedestrian blues
Today, after I'd saved up for a deposit on a new car, I found out when I went to the dealership that I wasn’t eligible for a loan, due to my credit score. FML
NoThanks
United States
Today, an old lady came to the bank where I worked at to apply for a loan. She obviously didn't qualify for one as she has no income coming in. She looked so pitiful, so I changed a couple of her information so she could. She reported me and I got fired. FML
backtosquareone
Central District, Hong Kong
Today, after months of searching, I was offered a job. After hearing how excited I was on the phone, HR docked the initial salary offer by 40% in the written contract. She said it was non-negotiable. Guess I'm back to job hunting. FML
Gnomead
Why People Break Bad
Today, I got turned down for a home for low income people because my income was too low. FML
Norse_Freyja
Conroe, United States
What a banker
Today, my husband and I went to the bank to figure out why our loan process has been such a pain in the ass, and why we can never get in contact with our lender. The bank said he quit last week. Guess he didn't think to tell anyone. FML
Brad
Today, I was on a 3-way call with my wife and the bank. The bank said we didn't qualify for school loans, which means I have to drop out. As soon as the bank hung up, my wife stayed on the line to tell me she wants a divorce and that she regrets our marriage. FML
Anonymous
Today, I was fired from my job for "lack of work". What that means is that my boss hired his good-for-nothing lazy son, who then got too big of a mortgage, and he had to let me go to pay him a higher salary. FML
Anonymous
The old switcheroo
Today, I was supposed to close on a house. Unfortunately, our lender decided that they couldn't finance us and denied us a loan, after 3 months of us digging up paperwork, saving money, and packing. Now we have to scramble to find a new place, while our insane landlady screams at us. FML
Top comments
Inkoseh 33
Hint: Go to a different bank or Credit Union!
shannon2348 14
I'm pretty sure that's not what they said. I think you need to go back and ask for an explanation.
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Comments (5)
Inkoseh 33
Hint: Go to a different bank or Credit Union!
shannon2348 14
I'm pretty sure that's not what they said. I think you need to go back and ask for an explanation.
stormy0307 16
I’m guessing they were explaining a very specific type of home lone to you. Perhaps a first time homebuyer loan or a similar loan with special rules. A traditional 30 year mortgage won’t have a maximum limit to it.
Johnny5 16
That means you were trying to apply for an assisted loan for lower income households. I’m guessing you’re trying to finance a bigger loan than you qualify for without assistance. So either save up to make a bigger down payment or find a cheaper home.