If getting approved for a home loan is one of the most exciting moments in a person’s life, being declined can be one of the most painful.
15 April 2021
If getting approved for a home loan is one of the most exciting moments in a person’s life, being declined can be one of the most painful.
So why would a lender decline your home loan application?
To answer that question, you first need to understand the two main questions a lender asks when somebody applies for a home loan:
So when lenders decline a mortgage application, it’s usually because they’re worried:
Drilling deeper, here are 10 of the most common reasons why lenders decline mortgage applications:
So how can you make sure your home loan application doesn’t get declined? By speaking to an expert credit advisor.
An expert credit advisor will:
Want help from an expert credit advisor that knows how to solve problems for its clients?
Contact Vie Financial on 1300 400 843 or fill in this enquiry form.