We decided to reach out to Mortgage Pro regarding a mortgage on a second property. Throughout the entire process, they kept reassuring us that there would be no issues with getting a second mortgage. At one point, we were forwarded a commitment, pending appraisal. We called for an appraisal, paid for it, and it came in higher than the minimum amount required for the lender to be satisfied. After all was said and done, we were then informed that we were not approved for a mortgage, and there was nothing further that could be done. We had extended the condition date to give them the opportunity to close, and now we have to walk away from the house of our dreams.
We decided to reach out to Mortgage Pro regarding a mortgage on a second property. Throughout the entire process, they kept reassuring us that there would be no issues with getting a second mortgage. At one point, we were forwarded a commitment, pending appraisal. We called for an appraisal, paid for it, and it came in higher than the minimum amount required for the lender to be satisfied. After all was said and done, we were then informed that we were not approved for a mortgage, and there was nothing further that could be done. We had extended the condition date to give them the opportunity to close, and now we have to walk away from the house of our dreams.