Since you mentioned you were unable to secure a loan you should ask the mortgage broker why. Let them give you a clear reason to why you're unable to get a loan so you can hopefully fix the problem, or buy a different type of property.
Top Licensed Sales Agent
How much is the house you're buying, and what's your income? Maybe you're out of your budget limitation. Gather all your supporting documents and have your loan officer go over them again!
I also have other pools of money if I need it... That are not under the mattress and are seasoned in other accounts....
Does this help you guys????
Did you ask other lenders or did you only have a problem with one? If only one lender you could have gotten one who is very tough and out of 14 other lenders 11 would be glad to give a loan to you.
Did you have a reason told to you why you could not get a loan?