There are uncountable numbers of factors that can affect your mortgage application in a negative manner and get your loan cancelled. When it comes to handing down mortgage loans, lenders have a few basic requirements. They want an applicant who is credit worthy and can pay back the loan on time. Therefore, you need to be such an applicant so that your loan doesn’t get declined.
Here are some factors, whose negative portrayal can damage your chances of getting approved when you apply for a mortgage:
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