The LO put on the credit write-up that the customer wanted to purchase for future use as a primary residence.
How do you refute the applicant's intention regardless of the property's current condition?
He could very well have been planning to make future improvements with out of pocket money, Loews credit, Menard's credit, Home Depot credit, loan from another FI, etc.
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The opinions expressed are mine and they are not to be taken as legal advice.