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Declined for mortgage, next step?
Comments
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Thrugelmir wrote: »This will having a material bearing on your mortgage application.
I have provided them with the last 3 years SA302's (latest year is significantly higher than the previous 2. Would the fact I am self employed delay the application being aproved or declined?
Is there any further evidence they could possibly request?0 -
I have provided them with the last 3 years SA302's (latest year is significantly higher than the previous 2. Would the fact I am self employed delay the application being aproved or declined?
Is there any further evidence they could possibly request?
Self employed earnings are more often or not averaged out over a period of time. Rather than taking the last year which is normally the best.0 -
We were told by our broker that both halifax and natwest would take my latest year as the figure for caluclating loan amount, is this not correct?0
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Are you using a specialist self employed broker, mine was excellent after found me a mortgage after getting declined initially.0
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