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Rejected on a Loan? Don’t Give Up!

April 30, 2013

If you have applied for a mortgage loan and have been rejected.  The best advice is to simply inquire as to “why was my mortgage application rejected?”  If you did your homework before applying for a loan and made sure your financial profile met the requirements for a particular mortgage loan, and you still fell short still,at least you will know precisely what to work on. The most common reasons for a mortgage application being rejected include: inadequate documentation, applying for more loan that you can comfortably afford, the value of the home you are attempting to purchase is appraised at less than your purchase price, bad credit and being a self-employed borrower. At Platinum Mortgage Company we are here to help you through theloan process, and help you if you are rejected. Our professionals can work with you to improve your credit and financial documentation. If we are not able to get you a loan today, we will help you achieve what you need to purchase a home in the near future.

Here are some Articles and informational sites to visit on Loan rejection:

9 tips if you’ve been rejected for a home loan
By Brian O’Connell

Top Three Reasons You May Have Been Denied That Mortgage
By Tony Wahl

6 Tips To Get Approved For A Mortgage

Complete a loan application on our website

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