After a Denial
Can You Switch Mortgage Lenders While Under Contract?
Yes, but it restarts part of the process: a new application, new disclosures, new underwriting and an appraisal that may not transfer. How to do it safely.
Tanner Cook7 min
What to do when a pre-approval or loan is denied, shrinks, or stalls: your rights, your next steps, and how a second look works.
Yes, but it restarts part of the process: a new application, new disclosures, new underwriting and an appraisal that may not transfer. How to do it safely.
Why loans get denied in underwriting after pre-approval, from income and new debt to appraisals, condos and overlays, and what can change the answer.
Pre-approval denied? What to do in the first 48 hours: get the written reasons, stop applying everywhere, gather documents and get a second look.