![Even with ideal finances, you could still be turned down for a mortgage. Here’s the reason You could be denied a mortgage even with perfect finances. here is why](https://i0.wp.com/livevybes45.com/wp-content/uploads/2024/02/pexels-pixabay-277667-scaled.jpg?resize=600%2C400&ssl=1)
Even with ideal finances, you could still be turned down for a mortgage. Here’s the reason
Having perfect finances may seem like a surefire path to mortgage approval. After all, if your credit score is impeccable, you have a stable income, and your debt-to-income ratio is low, what could go wrong? Surprisingly, several factors can lead to a mortgage denial, even if your financial health is flawless. Lenders consider a multitude…