AgentMortgage

4 ways to avoid refinance rejection

What you should know about lender 'overlays,' debt ratios
Published on Nov 7, 2011

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by CareyBot

"My application to refinance my $200,000 loan was recently turned down ... do I have any recourse?"

If by recourse you mean a third party of some standing who will direct the lender to make the loan, or attempt to persuade them to do it, the answer is "no."

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