Bank Rejections

Mortgage rejection can happen to anyone. Despite advertising low mortgage rates, lenders reject mortgage applications for a number of reasons, primarily due to poor credit history. If you are newly self-employed, have a short employment history, or have less than optimal credit, chances are you will have difficulty dealing with the banks. Because we work with so many lenders, we have customized solutions for each of these scenarios.

Bank rates are determined by the posted rates and value relationships. Depending on how much money you already have invested with the bank, and the potential for future business, the bank discounts their posted rate. Not everyone is guaranteed a discount; you often have to haggle with the bank to get the best rate available.

Due to our connections with alternative lenders and our experience with complicated cases, there is no hassle of negotiation when you work with Lending Experts. We help you to develop a plan to repair your credit. We analyze your financial situation, borrowing needs, and long-term goals and then find alternative lending solutions to help you get your affairs in order.  We then assist in your plan to repair your credit, eventually moving you to a prime lender when you credit is optimized.

An excellent example of this would be accepting a mortgage offer at a higher interest rate to start. In time, once you have established a better credit history, you can remortgage or renew at a lower rate. 

We work with you to save you time and money by getting you the funds you need, when you need them.