Friday, October 14, 2011

Triggers for rejection

Last year, more than two million people were turned down for homes, according to federal data,

often because the applicants didn’t meet certain lender requirements or because their

applications were incomplete or otherwise problematic. With lenders’ underwriting criteria

becoming more rigorous in recent years, it’s important buyers know the most common triggers

for mortgage-loan rejection

http://www.car.org/media/pdf/consumer/Beyond_the_Headlines__101311.pdf

www.siliconvalleyhomeprice.com

Posted via email from Real Estate-How's the Market?

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