We have went and applied for a 2nd FHA loan and got the green screen that stated our Debt to income was what it is supposed to be, but since it was a 2nd FHA loan it must go to the underwriters for their approval and we just got a call yesterday that said they denied it only b/c they are scared we will dump our first mortgage.
· Denied After Pre-Approval – The Good, The Bad & The Ugly.. Below you will find the most common reasons a mortgage is denied after pre-approval and if.
But the loan deal fell apart less than a day before Friday's scheduled closing.. She is now scrambling to find another lender for VanOstenberg-Smith.. of the FHA loan, she said the bank told her she was denied because of.
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