Stephanie Heaton - A GUIDE TO FINANCING YOUR BIGGEST LIFE PURCHASE

RED FLAG SYNOPSIS

This chapter went over the most common red flags lenders come across when going through the loan process. However, there are many, many more than I could list here. The important thing to know is that if you have any of these red flags, your chances of getting a loan go down. The more red flags, the lower the chances. You likely won’t know if you have most of these red flags, but some, you’ll be able to spot before the loan origination process begins. Keep that in mind when you are looking for a lender!