If you’ve started shopping for a mortgage in Washington State, you’ve probably run into a handful of different types of lenders — brokers, banks, credit unions, and correspondent lenders — often used almost interchangeably. They are not the same thing, and the difference can affect your rate, your timeline, and who you’re actually talking to when something goes wrong. Here’s how each one works. [Read more…]
Have You Been Turned Down by a Bank for a Mortgage?
November 9, 2013 by 1 Comment
This post been updated in 2026 to reflect current mortgage denial data and lending practices.
If you’ve applied for a mortgage with a big bank and gotten turned down, you are far from alone. Mortgage denials are more common than most people realize — and a denial from one lender doesn’t mean you can’t get approved somewhere else. [Read more…]
