What to Do if You’re Denied a Mortgage Loan
Step Back, Assess What Went Wrong, And Develop A Plan You received your mortgage pre-approval letter, found the perfect home, and learned your offer was accepted. You were all set to take the next steps – closing and moving into your new house – when you got the news: mortgage loan denied. After a lengthy […]
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15 Reasons Why Mortgage Loan Application Get Rejected
Table of Contents1 Understanding the Most Common Reasons for Rejection1.1 1. Car Loans1.2 2. Changes to Your Credit After Qualification1.3 3. Inadequate Employment History1.4 4. Lack of Credit1.5 5. Unpaid Tax Liens or Judgements1.6 6. Business Debt1.7 7. Down Payment Source Isn’t Acceptable1.8 8. You Are Self-Employed1.9 9. Tax Return Errors1.10 10. Not Enough Savings1.11 […]
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Staging Tricks to Look Out for When Buying Your Home
Table of Contents1 Learn How to Spot a Home’s Disguised Flaws1.1 What is Home Staging, Exactly?1.2 Common Home Staging Tricks (And Why They’re Used)1.3 House Hunting Etiquette1.4 Get Pre-Approved to Get the Home You Want When You Find It Learn How to Spot a Home’s Disguised Flaws Home staging is an important part of the […]
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Should You Break Your Mortgage?
Table of Contents1 Why Homeowners Might Want to Do The “Unthinkable” And Break their Mortgage1.1 Can You Break Your Mortgage?1.2 Why Should You Break Your Mortgage?1.3 Avoiding Mortgage Penalties1.4 Finding the Best Mortgage Rates Why Homeowners Might Want to Do The “Unthinkable” And Break their Mortgage Is “breaking your mortgage” a phrase that triggers alarm […]
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