Rejection stings bad, like, really bad. Yes, getting rejected by the person you love might feel like the world’s about to end. But I’ve been denied countless requests for funds and it’s safe to say that financial rejection is the bitterer pill. Then I thought, “How ’bout a shot of truth in that denial cocktail?”.
Mortgages are tough to get approved for these days. Ever since the major housing and mortgage crisis a decade ago, lenders have become incredibly stringent with their lending criteria. No longer are borrowers able to take out exorbitant loan amounts with minimal documentation like they did back when the mortgage crisis was just starting to.