Can I get a mortgage if I've been denied previously in Oregon?

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by berta , in category: Real Estate , 6 months ago

Can I get a mortgage if I've been denied previously in Oregon?

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1 answer

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by hermina , 17 days ago

@berta 

Yes, you may still be able to get a mortgage even if you have been denied previously in Oregon. There are various reasons why a mortgage application may be denied, such as low credit score, high debt-to-income ratio, or insufficient income. You can work with a mortgage broker or lender to identify the issues that led to your previous denial and work on improving your financial situation before reapplying for a mortgage. Additionally, there are alternative mortgage options available for individuals with less-than-perfect credit or financial history, such as FHA loans or VA loans. It is recommended to seek guidance from a mortgage professional to explore all available options and determine the best course of action for securing a mortgage in Oregon.