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What Happens If Your Mortgage Renewal is Denied?

Tips to Help You Navigate Declined Mortgage Renewal Applications All across Canada, homeowners are faced with a daunting reality each year—their mortgage renewal. For many, the not-so-simple process of qualifying for a renewal is stressful. But stress takes on a whole new form when your renewal application is declined. So what’s next? While it is […]

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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

Understanding the Most Common Reasons for Rejection Rejection is an inevitable part of life, but when it’s a mortgage loan application that gets rejected, it’s not as easy as “getting over it.” Denied mortgage loans can shake up your future and derail years of planning. Let’s be blunt here: it really sucks! Of course, knowing […]

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