Loan Rehab

Best definition
Loan Rehab
An individual(s) that is living the American Dream of blatantly lying on their lending institution documents that defaults on their

home, loses everything, living on the street as a hobo in leiu of spending jail time with 3 meals and a controlled atmosphere/temperature for said crime.

Jerry is spending time in Loan Rehab due to his less than truthful income that he documented on his loan documents to acquire his 5 bedroom/6 bathroom home. His wife Tina and there 2 small children both under 6 years old are safely living in Tina’s parents home as Jerry has taken up residency under the freeway overpass nearest his defaulted home’s address.
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