What is Ninja Mortgage?
1.
Usually to qualify for a mortgage, borrowers need income,a job or assets.
A ninja mortgage is a type of mortgage granted to people with none of the above, hence:
No
Income
No
Job or
Assets
Without income, a job or assets, it's hard to pay back a mortgage. Many ninja loans became
These peeps are now
Borrower: Gee, I'd like to buy a house, but I have no job or income... can you help me ?
Mortgage broker: With a ninja mortgage you don't need to prove you have income or a job, we don't even need a downpayment since the value of your house will always go up!
Borrower: Awesome!
See
Random Words:
1.
A nickname for teen dreamboat Zac Efron, largely inspired by Disney's efforts to sell Zac Efron-branded avocados.
I loved Zacamole..
1.
The term used to describe the last school or college lunchtime football game of the week.
It usually has an increased intensity that re..
1.
place in TJ where the lords of the force(Jedi's) gathered to drink, dance and pull em left and right! Mike, Zeke, Louis,lil mike, B..