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more mortgage help please

can anyone please tell me if it is likely you will get declined for a personal loan if you have a mortgage in application?? i keep hearing this might happen :cry: but I've also heard home-owners are more likely to get loans?

thank you

Comments

  • UK007BullDog
    UK007BullDog Posts: 2,607 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It all depends on your credit record and also your income.

    Why would you want to get a loan and a mortgage at the same time. You might be risking your mortgage if they see you applying all over the place for a loan.

    The chances of getting a loan and a mortgage at the same time is higher if you use the same lender for both or even the bank you use for your regular banking.
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