Have you been refused before for a mortgage or homeowner loan?

There are many reasons why a mortgage lender or loan provider might have refused your application. Every lender has different criteria for every application and if you have been refused before you may need an expert mortgage broker to help you.

Some of the most common reasons for being refused include how much you earn and where from. If you are self-employed, paid by commission, earn overtime or work on contract, some lenders will not take this income into account.

You may have only been employed or self-employed for a short period of time or have income that a lender will not take into account.

It may be that you have missed payments on current loans or credit cards, have CCJ’s and/or defaults registered against you and have what some people call bad credit, adverse credit or poor credit. It may be as simple as you not being on the voters roll.

Whatever the reason you have been refused before The Select Partnership could help you get the mortgage or homeowner loan you need.