Real estate blog entries tagged with loan denial by Ken Cook, Web Dev, Brand Strategist 678-439-8683

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Home : Blogs : Ken "Yes You Can" Cook : Superior, HandCrafted Web Apps : Tag "loan denial"

loan denial: How Do "Approved" Loans Get Denied? - 09/23/08 09:45 PM

It happens. And if you don't have a very firm grasp of the onion like layers of the loan process it is very difficult to understand why. Therefore to begin let's look at the steps in the process of a loan:
1. Loan Officer accepts an application from the borrower. In the case of a local broker the LO is the person who will be your liaison for the duration of your file. For the national behemoths the LO is more like an operator who just accepts your order.
2. Your credit history is examined and a preliminary credit decision is … (7 comments)

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Ken "Yes You Can" Cook

Marietta, GA

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Ken Cook, Web Dev, Brand Strategist 678-439-8683

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