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mortgage rejection based on pricing/terms

Started by the5ws
over 12 years ago
Posts: 2
Member since: May 2012
Discussion about
i had a commitment letter and weekly correspondence with my bank today i open a letter and it states request decline pricing/terms: unable to grant credit on terms / conditions requested due to our historical experience with industry. it also states decision was based in whole or part on information that was obtained from an outside source - experian our credit score is 792 we have income and assets. I'm mystified if it was based on our credit. im expecting to hear it may be the appraisal.
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