Florida is No. 1, When it comes to Mortgage Rejections

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Sitting in an office where lots of people call on the phone, send emails to us, and come in for a visit – all related to foreclosure issues or underwater mortgages in South Florida, it may well be that we have a different view on things than some other people. This is not a statistical analysis, but it sure seems like there are lots of Florida banks that are rejecting mortgage loan.

The Mortgage Bankers Association estimates that about half of those. And that number, from the Federal Financial Institutions. Any Beds, Studio, 1, 1 or more, 2, 2 or more, 3, 3 or more, 4, 4 or more, 5, 5 or more. Hurricane Dorian Updates: 'Catastrophic' Storm May Come 'Dangerously Close' to Florida.

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Mortgage Lenders. Find BiggerPockets-Approved Lenders.. BRRRR rejections Banks/ NO’s. 24 Replies. Log in or sign up to reply 1; 20 posts 7 votes. We paid cash for 2 properties now and when it comes time to refi out the banks are saying our debt ration is not good. We have 16 rentals with 12 mortgages between 2 banks all bringing in great.

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