Why Would an Underwriter Deny My Loan?
It’s hard to say exactly why your loan would be denied; there are many variables to consider when a loan is being underwritten.
Nevertheless, here are some common reasons for receiving a loan denial:
- Poor credit history
- Lack of credit history
- Shortage of funds to close
- Employment history
- Heavy debt load
- Inadequate income
Learn more about underwriting requests.
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