### Comment:
Most lending is to non-bank lenders now because banks have requirements their competitors don't. They don't want that garbage, banks only want to lend to high credit score high income borrowers.

### REPLY:
Don't forget about all the investors doing the BRRR strategy as well. Buy renovate rent refinance. They're even more leveraged, and those guys will take 0% down all day. Shits fucked

### END.