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Declined DIP nationwide

Hi,

i was going to go with nationwide but my dip was declined on affordability it said I can borrow upto 98,000 for 25 years then it said a minimum of 13 years for 78,000 anyway I went on to the next page and did the property details and then it did a credit check and declined me. Could it be because it’s been put down for 13 years? Absolutely gutted

Comments

  • Wd85
    Wd85 Posts: 50 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    Meant to say I only wanted to borrow 78,000 
  • kingstreet
    kingstreet Posts: 39,436 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Did you change the term to 13 years?
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
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