Too Much Debt And Poor Credit History Are Most Common Reasons For Mortgage Rejections

Wednesday, May 2nd, 2018

Every year, thousands of prospective homeowners encounter a stumbling block on the road to their dream home: their application for a mortgage is turned down. It’s frustrating to be denied a mortgage, no doubt about it. But what are the most common reasons people’s mortgage applications are rejected? A new study from LendingTree aimed to find that out, looking at data from over 10 million mortgage applications under the auspices …

May 2nd, 2018


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