Tag Archives: Even the Wealthy Getting Rejected for Loans

Having millions of dollars in assets and a high credit score doesn’t necessarily guarantee you approval for a home loan, particularly if your income is still too low. Even the wealthy are reportedly having trouble qualifying for mortgages in this tight lending environment, U.S. News reports. You can learn here about mortgage lending options. Contact a licensed moneylender if you’re looking for more affordable loan options. “People with a lot of resources are usually OK getting first mortgages, but they are finding they can’t refinance or get funding for a […]