Cynthia Rundatz blog

6 Reasons Your Mortgage application was Declined

Posted by Cynthia Rundatz on September 02, 2019 in  Buying a home  Mortgage
It can be a devastating experience to be declined a mortgage for the home you thought you would be making your future in. If your mortgage application was denied, know that you aren’t alone. Nearly 11% of mortgage applications were denied in 2017, according to the latest available data from the Consumer Financial Protection Bureau (CFPB). Below are seven of the most common reasons your mortgage application might not be approved, according to the CFPB — and then how to move forward. 1. You have a histor... read more
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