REFUSED A MORTGAGE?

Have you already made one or more mortgage or loan applications and had them refused, declined or rejected? This may be quite frustrating, but do not worry as we can help you out.

Your situation is in fact quite normal as over 20% of all mortgage and home loan applicants find that they are not approved for the mortgage they apply for.

There can be very many different reasons why your potential lender may have not found you suitable for the mortgage you wanted. Basically though it is because currently you simply just don’t fit their particular lending criteria.

Each mortgage lender will assess your application in a slightly different way and there may just be one small thing that they find which causes them to refuse your application. However if you go to a different or more specialised lender who is more flexible, you may find your application is accepted. The problem you have is how do you find the right lender.

There are a lot of lenders offering mortgages and finding the one that will accept your application could take a very long time. Also every time you apply for a mortgage and get a rejection it is going to damage your credit worthiness and this could make it even harder to get a mortgage the next time. So don’t get caught out by this.

We Can Help You

Give us a call so one of our brokers can quickly find out which are the best lenders for you and recommend a mortgage that is right for your particular circumstances. They provide impartial professional advice and it is free and without obligation.

Our brokers have helped find mortgages for many individuals who have been refused a mortgage for a wide variety of reasons and they can do exactly the same for you. Just give us a call.

Not Credit Worthy?

If you already know that your credit worthiness is not so good then you probably also realise that any mortgage applications you make are going to result in failures too. Fortunately our select brokers specialise in helping people just like you. So however bad you think your situation is just give us a call and one of our brokers will find an appropriate mortgage solution to help you out.

Remember that your ability to repay any mortgage is the main factor that a lender is interested in when assessing your application. To help them in this assessment they will always check your financial history, so you need to keep this free of any negative elements.

Such elements will arise if you fail to make payments on any loan you borrow and that includes credit cards. So always try to at least make your minimum payments on time, as even this will give you a bad track record financially. In fact even if you think you can prove that you can make the repayments on a mortgage you apply for you may find that your financial past will still trip you up.

Get some expert advice if you are in any doubt about your financial history and how it will affect your ability to get a loan or mortgage. Let us help you check out what really is wrong with your credit worthiness.