Sentences with phrase «home loan applications resulting»

Not exact matches

Using all of this information, should a mortgage underwriter uncover inconsistencies between your home loan application and the supplemental data gathered, it will ask you to explain the discrepancy in detail and your loan may be denied as a result.

This resulted in a slight increase in home equity loan application volumes.

He further went on to state that, «While it is clear that home loan applications in May dropped sharply as a result of the tax credit induced increase in applications in April, it is unclear whether we are seeing the beginnings of a rebound now.»

Some lenders have already stopped taking applications at the current limits, the letter reads, fearing the loans won't close prior to expectation; as a result, home sales have already been disrupted.