Sentences with phrase «wrong type of lender»

So don't contact the wrong type of lender or you may be turned down in case you are a high - risk borrower approaching a low risk lender.

Not exact matches

So, without knowing where the first renovation amount came from that your lender was initially working with, it would be a good idea to figure out what went wrong there and see if some type of compromise can be worked out.
Given that each individual lender or lending partner is looking for a particular type of customer, many people end up getting turned down multiple times for any number of reasons — which can sometimes be as simple as living in the wrong state.
The «law of multiples» which can take many forms such as multiple lawyers doing the same type of work (or based on the same guidance) that leads to class action potential when there's an allegation that they all did it wrong; or the same lawyer is sued over doing the same (alleged wrong) thing multiple times; or a lawyer undertakes many mortgage transactions without considering that there are red flags that need to be brought to the attention of the lender — such as a significant increase in the value of the property in a very short period of time or inexplicable credits.
The «law of multiples» which can take many forms such as multiple lawyers doing the same type of work (or based on the same guidance) that leads to class action potential when there's an allegation that they all did it wrong; or the same lawyer is sued over doing the same (allegedly wrong) thing multiple times; or a lawyer undertakes many mortgage transactions without considering that there are red flags that need to be brought to the attention of the lender — such as a significant increase in the value of the property in a very short period of time or inexplicable credits.
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