7 Reasons Why Your Mortgage Can be Rejected by an Underwriter
Recent statistics indicate that about 16% of all mortgage applications filed in 2020 got denied. One reason why that number is so high is because more people applied for mortgages in 2020. It’s important to note, though, that the Consumer Finance Protection Bureau doesn’t have a standard way of collecting denial rates, and preapproval denials.. Read More
What Does it Take to be a Non-Traditional Mortgage Lender
Throughout 2019, an overwhelming 15.1 million applications for mortgages got filed across the US to a whopping 5,508 mortgage lenders. While that seems like too much to handle, lenders were in for an even greater challenge once the pandemic hit. That’s because more Americans shifted over to non-traditional careers like freelancing or becoming business owners… Read More
What Happens If Your Mortgage is Denied After You Get a Pre-Approval?
Especially in today’s real estate market, getting a mortgage pre-approval is critical to ensure your financial viability when making an offer on a home. In most cases, a seller will not even seriously consider an offer unless it is accompanied by a pre-approval saying that you are financially able to buy the home and have.. Read More
What Is Your Best Recourse If Your Mortgage Loan Has Been Denied?
Applying for a mortgage loan can be a stressful experience, and being denied can be a huge disappointment, especially if a purchase hinges on your approval. Fortunately, you may have other options before you give up on a mortgage. There are numerous reasons an underwriter for a mortgage lender may deny your application. Depending on.. Read More
Guidelines for Foreign National Mortgage
In the United States, we have a long tradition of welcoming non-residents, allowing them to buy and finance real estate here. But for a non-resident, financing real estate can be more difficult. Fortunately, there are loans specifically tailored to foreign nationals, allowing them to get needed mortgage financing for their home or investments in the.. Read More
Getting a No Income Verification Mortgage in California
Good things often come to an end. This may be the case for our current rock-bottom interest rates in the near future. Although the Federal Reserve has taken a very conservative stance on raising rates, we now see the beginning and it only stands to reason that it will continue. You may have been on.. Read More
We are here to help you
$1 Billion+ in available capital
LESS THAN 3 MINS to get your rate
Low Starting Rates Low Starting Rates
AVAILABLE IN NATIONWIDE
As Seen On
