All agents are NOT alike! Find out why I am a top real estate expert. Call me: 215-646-3954. License number AB061668L
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It may be difficult to qualify for a home mortgage loan. As a buyer, you may find the perfect home, but finding the perfect financing might become elusive. After you complete the application process, your lender may turn you down, which is an upsetting development for any prospective homebuyer. What can be done to remedy such a setback?
The answer depends on why you were turned down. If your income is too low to satisfy one mortgage company, there might be another company with more liberal qualifying guidelines. If you have had credit problems, some lenders may be more willing than others to help you clear them up in a manner that satisfies their underwriters. If your loan runs into problems, sit down with the loan officer and your real estate agent to investigate the possibility of using a different lender. The first company may be able to "assign" the package to a competitor, enabling you to use your same credit report and appraisal. You will need the cooperation of your sellers, too.
While loan rejections are disappointing, they can be resolved.
Linda Dale RE/MAX Action Realty - License number AB061668L 1126 Horsham Road Maple Glen, PA 19002 Direct: 215.646.3954 Office: 215.358.1100 Cell: 215.327.9759 Fax: 215.646.2684 Email: Linda@lindadale.com
Linda has been serving buyers and sellers of real estate for over 25 years. She enjoys the thrill of finding that first home for first-timers, and Linda also enjoys finding that "dream" home for move-up buyers. On a personal note, Linda is an avid golfer, with first-hand knowledge of this areas residential golf communities and courses. Linda's
experience will save you time and money.
Linda is ranked in the top 1% of all agents throughout the US. She also is licensed as an Associate Broker in the state of PA, with
credentials including an ABR (Accredited Buyer Representative), CLHMS (Certified Luxury HOme Marketing Specialist), CRS (Certified Residential Specialist), and a GRI (Graduate, Realtors Institute). Linda is a Temple Graduate with a business degree, specializing in Finance and Economics.
Maple Glen, PA
215.358.1100
You can find
great local
Horsham, Pennsylvania real estate information on
Localism.com Linda Dale is a proud member of the ActiveRain Real Estate
Network, a free online community to help real estate professionals grow their
business.
- NUMBER1EXPERT 
