What Happens When Your Mortgage Application is Rejected!

What Happens When Your Mortgage Application is Rejected!. Do's and Dont's Before Submitting Your Mortgage Application

What Happens When Your Mortgage Application is Rejected! video duration 5 Minute(s) 23 Second(s), published by Andrew Finney Team on 30 04 2019 - 15:59:52.

The Federal Reserve conducted a study that as many as 1 in 8 applications is rejected! (Source linked below) But, why does that happen? Let's take a closer Loan officer in Saint George would love to help you through the Loan process
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The Federal Reserve conducted a study that as many as 1 in 8 applications is rejected! (Source linked below) But, why does that happen? Let's take a closer look at what happens when your mortgage application is rejected!

In practice, I share with my client's to simply #JTAB = Just Take a Breath it'll be alright as we move forward together. Remember, FEAR = False Evidence Appearing Real. What's the best way to replace FEAR? With knowledge and you're doing that right now. Kudos!

What you'll learn:
1. Why would a mortgage loan be denied!
2. Reasons why mortgage applications get rejected!
3. What to do after mortgage denial!

**To find top agents near you, please email me directly at: Andrew@AndrewFinneyTeam.com Thank you!**

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Federal Reserve study of mortgage application rejection rates: https://www.washingtonpost.com/realestate/for-every-eight-applicants-who-seek-a-mortgage-one-is-rejected/2016/12/12/263d426c-c09a-11e6-897f-918837dae0ae_story.html?noredirect=on&utm_term=.74c7f3f21c80

Timeline:
1. 0:48 - 8 Common mortgage denial reasons!

2. 2:02 - Is your credit score the issue?
Integrated Loan Assistance: http://www.integratedloanassistance.com/

Integrated Loan Assistance Credit Repair Application:
https://integratedloanassistancellc.formstack.com/forms/referaclient

**Integrated Loan Assistance didn't sponsor this video**
The links above are intended to assist you in moving in the right direction with a company that has helped several of my client's I've worked with and one you might one to consider. Of course, the choice is yours!

3. 3:00 - Work on boosting your credit!

4. 3:37 - Reduce your Debt-to-Income (DTI) ratios!

5. 4:51 - Stay Optimistic! Take to heart the information the loan officer shared with you and take the right steps to get approved the next time around! You got this!

Want to know more about buying a house in Las Vegas or Las Vegas real estate? Send me a message. I'm happy to help.

Thank you for watching! =)

Enjoy an amazing day!
-Your Trusted Real Estate Advisor, Andrew Finney

Contact info:
Andrew Finney
USMC Combat Veteran/ Trusted Real Estate Advisor
License #S.0173260

Call/ Text: 702-710-0287
Email: Andrew@AndrewFinneyTeam.com
https://www.andrewfinneyteam.com/

King Realty Group
6955 N. Durango Dr. Suite 1004
Las Vegas, NV 89149

Designations-
Certified Residential Specialist (CRS)
Accredited Buyer's Representative (ABR)
Sellers Representative Specialist (SRS)

Certifications-
Military Relocation Professional (MRP)

Disclaimers/ Credits:
At the time of production, Andrew Finney, S.0173260, is a real estate salesperson with King Realty Group in Las Vegas, NV.

Andrew's videos are his own and do not necessarily represent the views and/ or opinions of KRG.

The purpose of Andrew's videos are to educate you and help you make sense of the real estate process. If you have questions about home loans, real estate, taxes, financial advice, real estate law, insurance, or any other services where you live, you are advised to reach out to the appropriate professional for further counsel about your own unique situation.

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