Victor Callender
Denied a load on a multi family home
Three weeks left on closing on a multi family property in the Bronx and we were denied funding due to the fact that we priced our one bedrooms to high $1800 claim the for the Sq footage of 666 it should be priced at $...
David Stone
Deny applicants because ONE doesn't fit minimum qualifications?
Hi, I have a couple who applied for one of my units. I have not had the best gut feeling about them from the beginning. After running their applications (background check, credit, etc.) everything has come back satis...
Rebecca Coxson
How to deny applicant due to low income
We are first time landlords. Our first application came in for our rental, but after taxes their total income is barely 2x the rent, where we require 3x rent. What is the proper way to deny them? Do I have to send an ...
David Denies
A special gift from David Denies & Boyt
David Denies, the leader in South American hunting, recently partnered with BOYT, the leader in shooting accessories and hunting clothing. It’s a great alliance between two companies that share a common vision: to pro...
Victor Morales
Loan denied due to having a new job
I was denied on my next loan due to having a new job job. What should I do wait and see if I get approved after they can use my OT or try another bank?
Jimmy Jefferson
Can you deny an ESA (Emotional Support Animal)??
I recently rehabbed a property, signed a 2 yr lease with someone, then about a week before she’s supposed to move in, she informs me that she has an ESA (Emotional Support Animal), a huge dog - lab mix. We have a no p...
Erhan Sen
Keep Being Denied as Out of State Investor
Hi,I am trying to find financing for multifamily properties I am interested. However, local banks, in the same state/city with properties, keep saying that they can't work with me because I am not local - out of state...
Martin Grizzanti
options after being denied for a 203k loan
Hello! I am a local investor in Rochester, NY. So I learned about 203k loans and was super eager to apply and get approved.I talked with a local bank, and because I have an LLC with over 20 properties, they believe I...
Jered Sturm
Denying applicant for 1 bedroom apt with kids???
I recently purchased a building with one bedroom apartment so am asking this question hypothetically so that I can approach it correctly if it ever comes up in my screening.Can you reject an applicant applying for a o...
Mattaniah Yip
Underwriter denied me for potential owner occupancy fraud
Hey guys! My husband and I currently own an owner occupied duplex in Los Angeles. We found another duplex .6 miles away we planned move into and finance via FHA. We were in escrow for about 20 days and everything se...