Mortgages and Porn

[EmporerEJ]

Originally Posted by MRock

After 3 years of an emotional rollercoaster trying to sell my property, I think we finally have a sale!

I am putting together my paperwork for a mortgage approval to buy a new house. I was asked to explain what my biz does. I have typed out a nice letter explaining my CD and DVD music site, dropped in some affiliate marketing and a dab of traffic brokering. I've left out that 90% of the income is in porn. Wise move or am i being paranoid?

OH no...that was a wise move.
We had a similar situation 2.5 years ago buying the new factory.
fortunately, we can easily confuse the average banker guy by saying
"We manufacture a Virtual Reality Interface with a haptic interface for medical use."
This usually generates a "wow, that's great," (Like they know what it is and don't need to ask.)

Then they look at the numbers, which is all they care about anyhow, and bingo.
But now, money is a bit tighter. We would have never been approved in today's financial climate. So I want to sincerely wish you luck.

[MRock]

Thanks for the reply EJ ... my music site has definately helped explain things for family and such. I think I will continue this way with the banks too