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Dear [Lender],
I am writing to appeal the rejection of my mortgage application. The reason for the rejection was due to my credit score not meeting the minimum requirements. I would like to counter this reasoning by explaining that my credit score has improved significantly over the past year. I have diligently paid off all outstanding debts and have been making timely payments on my credit cards.
Furthermore, I have a stable income with a long-term job and have saved enough money for a down payment. I have also been pre-approved for a lower interest rate by another lender. Thus, I kindly request a reconsideration of my application.
Thank you for your time and attention to my appeal.
Sincerely,
[Your Name]
Dear [Lender],
I am writing to appeal the rejection of my mortgage application. The reason for the rejection was due to my debt-to-income ratio exceeding the maximum limit. I would like to counter this reasoning by explaining that I have a co-signer who is willing to support me in making the monthly payments.
Additionally, I have a steady job with a reliable income and have been saving for a down payment for the past few years. I believe that I am financially capable of handling the mortgage payments and am committed to fulfilling my obligations.
Please consider my appeal and re-evaluate my application.
Thank you for your time and consideration.
Sincerely,
[Your Name]
Dear [Lender],
I am writing to appeal the rejection of my mortgage application. The reason for the rejection was due to a lack of credit history. I would like to counter this reasoning by explaining that although I am a first-time homebuyer, I have a history of making timely payments on my student loans and credit cards.
Furthermore, I have a stable job with a consistent income and have saved enough money for a significant down payment. I have also received pre-approval from another lender with a lower interest rate. I believe that I am capable of fulfilling the mortgage obligations and kindly request a reconsideration of my application.
Thank you for your time and attention to my appeal.
Sincerely,
[Your Name]