why banks may decline mortgages at the last minute

Discrepancies with the mortgage application, such as inaccurate or incomplete information Issues with the documents submitted, such as missing or expired documents Problems with income and employment verification, such as insufficient or unstable income Issues with the credit report, such as poor or insufficient credit history, bankruptcies, foreclosures, or arrears Appraisal and/or title issues, such as low property value or ownership disputes These reasons may vary depending on the bank’s policies and underwriting standards. If you have been declined by a bank for a mortgage, you may want to consult with a mortgage broker who can offer you more flexibility and options. However, you should also be aware of the potential risks and costs involved in dealing with alternative lenders, such as higher interest rates, fees, and penalties. You should also try to improve your credit score and income situation before applying for another mortgage in the future. I hope this information was helpful to you