IamGood
Fort Worth,#2General Comment
Wed, April 17, 2013
You started this complaint, so I am asking WHY where you turned down? What reason did they give you? You gave no reason why. The loan company makes NO Money, 0, nada, zilch if they turn down your loan. So in order for them to make a profit,they have to loan you money. So, Inquring minds want to know, WHY were you turned down?
Either your credit score changed dramatically, or you took on new debt right before closing. Mortgage companies will often do that. They will make sure you have not incurred any new debt right before you purchase your home. They want to ensure that you will be able to pay this loan back.
The Mortgage companies often warn the customer not to go out and take on new credit card debt, buying new furniture, or lawn equipment, or refrigerators, or washing machines, or dryers, etc. I think you get the picture here. So was th is what happened? Please let me know. I will stand buy until you inform us. Then I can make a decision as to if the loan company is a fraud.