Mortgage Loan

The money a man borrows from the bank is called a "loan". When he wants to buy a house, this Real American has to go to a bank to cover for the full cost and pay interest to keep the economy afloat. This special kind of loan is called a mortgage loan.

Loans for Real Americans
A Real American will have a credit score of 660 or better and will always have a down payment of 20% or more, never less like people who get sub-prime loans.

Loans for Lesser Americans
An American who doesn't have a job (or steady income from a legitimate job) will qualify immediately for a sub-prime loan from any loan institution.

Other prerequisites Lesser Americans should have to qualify are:
 * spinning rims on the car they are behind payments on
 * too many children to count (including the one(s) ready to pop any minute)
 * enough ring tones so that all of his phones have unique rings for all his peeps.