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Therese Reid's Blog

By Therese Reid | Mortgage Broker
or Lender in Milwaukee, WI

MORTGAGE DENIED? Work with a professional

http://money.cnn.com/2011/04/19/real_estate/low_risk_mortgage_denied/index.htm?eref=aol


I just read the article here posted on CNN today.  Perhaps its just me, but I am getting tired of the media steering the outlook of real estate in the country.  What this article fails to emphasize is that while 1/4 of the mortgages are being denied, 3/4 of them are getting approved!!  Why is there always a negative spin?  There is no doubt that lending standards have tightened up, but articles like this discourage people from even trying! 

Working with a professional mortgage banker such as myself helps eliminate headaches associated with loans falling through for buyers.   I have access to over 400 mortgage products and lend in 49 states.   Its a new world, but even Columbus learned to adapt and change! 

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