Jason Ingber
👤 SpeakerAppearances Over Time
Podcast Appearances
That's what it boils down to.
And you paid it all back.
It was all – no, no.
It was – I lied on an application and I got a bank to lend money.
It is a $0 amount because the way the feds work is let's say the house is worth $200,000 and the bank lends me $180,000.
There's no potential loss and there is no actual loss because – It's tied to the house.
It's tied to the house.
If you sold the house, you would be able to pay back the $180,000.
So is there a lot of – well, the potential loss – what potential loss?
That loan is more than covered.
No, no.
This is, like I said, the first time.
Baby steps.
You've got to build your way up to borrowing multiple mortgages.
So this is the first time I got in trouble.
So I lied in an application, got a bank to lend money.
Same thing she did.
Same lie?
You said it was a residence?
No, it's not the same lie.