Birdwatch Note Rating
2024-03-05 21:04:58 UTC - NOT_HELPFUL
Rated by Participant: 5D753D081EE35F5013710F56045AFA9A085DF0BCE8C4E876794B1FE2746F8643
Participant Details
Original Note:
Original note is laughable, and the writer has zero understanding of how real estate, collateralized loans work. Borrower estimates value & asks for loan. Bank then estimates the true value of the property and issues the loan for the amount THE BANK decides loan-to-value https://youtu.be/80RZs9Fhz3Y?si=s3OTvEIC3hSd89ln
All Note Details