The ad reminded me of a joke I heard during the housing bubble.
What do you call a person who puts nothing down on a home mortgage loan?
A renter with debt.
Tuesday, January 28, 2014
Renter with Debt
Below is a no down payment mortgage advertisement by Navy Federal Credit Union that appeared in the Sunday, January 26th Washington Post (click on image to enlarge).
The ad reminded me of a joke I heard during the housing bubble.
What do you call a person who puts nothing down on a home mortgage loan?
A renter with debt.
The ad reminded me of a joke I heard during the housing bubble.
What do you call a person who puts nothing down on a home mortgage loan?
A renter with debt.
I thought at first it was a CHASE, WELLS FARGO, or Bank of America advertisement. No, its NAVY FEDERAL CREDIT UNION - too big to fail. How many of those no down payment, 100% finance real estate loans nationwide went bad of recent memory? Did NAVY miss the history lesson? Maybe there was no lesson to miss. Full Speed Ahead. Go NAVY.
ReplyDelete