Racial Disparities in Mortgage Lending? Shame on You G.M.A. - Daily Millennial Mortgage Update

Daily Millennial Mortgage Update | Mark Jones

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Here are a Few Reason why someone would be denied for a mortgage. 

8 Reasons Why Mortgage Loans Are Denied In Underwriting

1. Your Credit Score Is Too Low

2. Your Debt-To-Income Ratio (DTI) Is Too High

3. The Loan-To-Value Ratio (LTV) Is Too High

4. Your Employment Status Recently Changed

5. You Have Unusual Bank Account Activity

6. There Are Problems With The Property

7. You Have A History Of Missed Mortgage Payments

8. The Appraisal Is Too Low

GMA - New Investigation shines light on racial disparities in housing Video Link - https://www.youtube.com/watch?v=Abmf9iY_bVw

Host :

Mark Jones
Founder of https://reviewmymortgage.com/
Branch Manager Directions Home Loan La Cantera
Top Producing Loan Officer
NMLS# 513437
Get in Touch with Mark.

https://lacanteraloans.com/loan-offic...

Guest :

Preston Jones
Loan Officer
Directions Home Loan La Cantera
NMLS# 2012137
Get in Touch with Preston.

https://lacanteraloans.com/loan-officer/preston-jones/

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