Whenever I hear about a European mortgage application process, there are always health records involved. They want to know that the borrower is likely to outlive the mortgage (or most of it, I guess).
When I got my mortgage in the United States, no one took notice of my health, life insurance plans, or anything like that.
I figure there has to be some underlying regulatory difference, but what is it? Is it that in America there is some legal bar to doing that, or is it that in Europe you can't insure against the borrower dying, or something else?