Below you'll find a list of all posts that have been tagged as “declined for a mortgage”
Are you looking for a mortgage but bad credit has you down and out? There’s still a possibility that you can be approved for a mortgage and purchase that home you’ve been looking at. This can happen through private or “B Lender” mortgages. In this blog post, I’ll be sharing about private and “B Lender” mortgages and how even if …
Are you self-employed and currently looking for a mortgage? Sometimes it’s hard to know what a lender will want when it comes to being self-employed. It’s a little different from a regular employee’s income. Thankfully, when you work with a mortgage broker, like me, I’ll be able to guide you through the whole process. In this blog post, I’ll give …
As the world continues to change and evolve, so do mortgage rules. As a result of these changes, fewer people are qualifying for mortgages offered through traditional lenders such as the big banks. This is due to many factors, including the stress test. Thankfully, big banks aren’t the only option available when it comes to getting a mortgage loan. In …
Credit is more important now than ever before. Equifax and Transunion recently changed how they calculate your credit score, with very good credit getting even higher and not so great going lower in most cases. I cannot explain exactly what they changed other than their formula for calculating, and that they put more emphasis on delinquencies and also positive factors …
