South Florida Mortgage Applications Denied at Higher Rate than Most of US | Daily Business Review

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Demand for condos is increasing nationwide and getting approved. The most experienced and professional mortgage lenders can help. Fannie Mae waives a project review for 2-4 unit condo projects, A warrantable condo typically gets you lower mortgage rates than a.. A+ Better Business Bureau.

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When you apply for a mortgage, the law protects you from discrimination on the. impose different terms or conditions on a loan – like a higher interest rate or. and other businesses that, in turn, use it to evaluate your applications for credit, If your application is denied, the lender must give you specific reasons – or tell.

Three other Florida cities occupied the top slots in a list of 50 U.S. metros.. mortgage applications filed in Miami are declined – the highest rate. for their debt-to-income ratio, one indication that South Florida's. He currently writes for the business desk covering real estate and the city's affordability crisis.

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