none i can think of give me a call. so when can discuss 904-900-7727 or email me @ bjackson@icghome.com
There could be many reasons why but if the loan officer did a through job when he/she qualified you this shouldn't of had happened. If you would like for me to review you loan give me a call 602-531-7040.
The only reason I can think of is if the lender found out the borrower was no longer working or something new that was not known prior came to light at the last minute. However, finding something that late in the process is very rare.
There are a few potential reasons... Understand the loan is not likely to have been denied the day of closing. Rather, the most likely reason is that it was never yet been fully approved, regardless of what you were being told. Another potential option is that lenders still check out clients right up to the last minute. Lenders are required to re-verify employment within the last few days before closing, and even maybe pull new credit. If you lost your job, or you added new debt, that could equal a last minute denial.
Ask our community a question.