[stcont]

Mortgages and equity funding aren’t really comparable since the terms of the instruments and risk tolerance of the investors is very different.

Just because someone can’t qualify for a mortgage doesn’t mean they can’t raise funds for a business.

[lolsal]

I just can't believe any financial institution would underwrite a large business plan with no collateral but would not underwrite a mortgage for the same person when they could repo the house/property if the mortgage failed.

I have no problem personally getting a mortgage, but even with a fantastic business plan I wouldn't give myself $10M for a shipping startup.

Am I totally out of touch?