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Equity Stripping

This is the practice of lenders encouraging you to cheat on the form saying such things as "don't worry, we won't take your house" or "It doesn't make a difference. You can afford it" This is a clear way for the lender to try to get you to default on your loan and then take the equity that you have built up in your house. If you can't make the payments without lying, then don't get the loan!
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