#61 Turned Down? What Happens Next?
Well, you are not alone; not every applicant for a home loan is accepted the first time around. It can be discouraging, and can feel like the air just went out of your balloon. But, success arrives in many ways – sometimes disguised. Before you got the news that your application for a Home Mortgage loan was turned down, you and your Mortgage loan Officer worked hard to assemble and examine all the necessary facts that would determine either your eligibility, or the need for more preparation. It only stands to reason, that the requirements to take on such a responsibility demand proof of both readiness and capability. It has little to do with good intentions, promises or past statistics! Getting a rejection was hard to take. Time and timing are significant for you now, but, there are also strong feelings happening – some of raw disappointment, a big letdown, a sense of frustration or even a sense of failure. You and your loan Officer worked so hard preparing.