There are five common reasons that aspiring homeowners are unable to get a mortgage, according to a new report.
The top reasons lenders reject mortgage applications include prospective home buyers having a debt-to-income ratio that’s too high, having a low credit score or not having enough money in reserves, according to the report from the National Association of Realtors.
In…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
Read the full article here
