Hi again!
Have you thought about how many things are connected to lemons? If you buy something that breaks, you say you have bought a lemon. If someone is grumpy, you liken them to a sour lemon, if you have a cold, you guessed it – the vitamin C in lemons takes care of it and so we can carry on.
Today I would like to discuss banks and the misconception we are all under when it comes to loans. Most of us see the Bank Manager as a real old sour lemon with a shrivelled greenish skin, waiting to extract your limbs to salt for the coming winter.
In most cases when I have dealt with banks I do not even know who the bank manager is, seen them or know how they determine loan criteria. Most of the applications for home loans go through Bond originators anyway and maybe this misconception comes via my father and grandfather who revered the bank manager the same as a policeman or politician, who should be avoided at all costs.
This essay is an appeal to Mr. Bank Manager out there (lets call him Ned) to let us in to some of the secrets on how the bank system works when approving loan applications, specifically where Trusts are concerned. I have seen excellent information on home loans, calculators and basic requirements on all the bank websites, but still lack an understanding of the process and what this entails, specifically where Trusts are involved.
Come on Ned, be the First to Nationally give us a Standard process and stop being Absanonymous.
Look after yourselves and I “Trust” you have a wonderful day.
Anyone any thoughts on this?
