[originaltext]M: I’m planning to buy a house, and I’d like to find out about a

M: I’m planning to buy a house, and I’d like to find out about a mortgage. I’m a customer of the bank. As a matter of fact, my whole Family banks here.
W: I have some questions to ask. Do you own your house or do you rent?
M: Neither. I live with my parents, Dr. and Mrs. Philip Blair.
W: And bow old are you?
M: I’m twenty-nine.
W: And, Mr. Blair, what is your occupation?
M: I’m a designer, and I work in a boutique.
W: Did you bring any savings or salary information? Last year’s tax forms?
M: Yes, here they are.
W: OK. What... what kind of house did you have in mind?
M: We’re talking about buying a two-bedroom house in Mount Kisco. Here are the financial details on the house.
W: Thank you. Are you prepared to make a ten-percent down payment?
M: Yes, sure.
W: Payments over thirty years?
M: Yes. Do you think I can get a loan?
W: Well, it depends. Do you own any other property? Any stocks or bonds?
M: No.
W: I see. Then you don’t have any support. Perhaps you could get a guarantor—someone to sign for the loan for you.
M: Why is that necessary?
W: Since you don’t have enough income, and you don’t already own any property, the bank needs to be sure you can pay the mortgage every month. A guarantor is responsible for the loan if you can’t make the payments.
M: I see. Well, the idea of buying a house is exciting. Thank you, Mrs. Riley. I’ll read this over carefully.
W: Thank you.
M: Good-bye. And hope to see you soon.
W: I hope so, too.