Loan Denied? We are willing to spend the time or resources to approve borrowers whose profile do not meet the industry matrix criteria. [Simply stated, most lending institutions are not willing to spend the time or resources to approve borrowers whose profile does not meet the industry matrix criteria. The good news is that we do! In fact, our company's line is “When Banks Say No! We Say Yes!” and have proudly earned this distinction within the industry.]Actually Florida is one of top states nationwide with the highest home mortgage denial rates. In other words, you are definitely not alone. Even more reassuring, different lenders have different rules. Just because your loan gets denied by your lender does not mean it'll be denied by another.How Do We Approve your Loan? The first step is to figure out why your bank turned you down. Below is the ten most common denials below. 1.Credit history issues2.Debt-to-income ratios to high3.Lack of Collateral4.Loan officer pre-approved you for the wrong loan type 5.Unpaid Forbearance found in credit report6.Employment history7.Insufficient cash (for down payment or closing costs)8.Unverifiable information9.Mortgage insurance denied10.Lender failed to check that your name was not removed from the deed in Foreclosure settlement At 1st Florida Lending. We can tailor a plan to overcome your challenges and/or offer alternative programs that are specifically geared to applicants who were turned down by their lender, even applicants with poor credit history, high debt-to-income ratios, and/or insufficient collateral. These alternative programs, with more relaxed requirements and are willing to take on more risk. ConclusionWe are willing to spend the time or resources to approve borrowers whose profile does not meet the industry matrix criteria and employ a professional bilingual staff who are ready, willing and able to meet the challenges. If cannot approve your loan. We are very certain that another will not be able too!CLICK HERE to complete our simple questionnaire to review your loan scenario and provide a quote! Thank you and we look forward to working with you!