What can I do when logged in?

You can submit new articles, so we can make unique versions of them and distribute them for you.
If you want to simply publish the same article on 800 websites, you can tell us to do that.
You can see the archive and current status of all your article distributions.
You can order any number of high-quality articles - just let us know your keywords.
You can browse the archive of all the articles we have written for you.
You can order our Complete Service (10 high-quality articles plus 10 article distributions).
You can purchase more credits for our services and check your affiliate earnings.
Much more ...

SpinDistribute.com Article Directory

The following article was published in our article directory on December 4, 2020.
Learn more about SpinDistribute Article Distribution System.

How A Mortgage Adviser Can Help You Get Approved For a Mortgage

Article Category: Advice

Author Name: David Farrell

If your mortgage application has been declined , it is time to get professional mortgage advice. A financial adviser will help you find the right mortgage, and navigate the process to increase the likelihood that you will be approved.

Why Was I Turned Down?

Here are some of the frequent reasons why mortgage applications are declined:

Weak credit history. Lenders want borrowers they feel are creditworthy and have the capability to pay back their loans. If your credit history has issues such as late and missed repayments, it may be harder for you to get a mortgage.

You should check your credit report to see what your credit history looks like. Under current rules, you can check your credit report online from the three credit reporting agencies � Equifax, Experian and TransUnion � for free. However, these agencies have monthly subscription services that provide you with more comprehensive access to your information as well as additional features that you may find useful.

Insufficient deposit. To qualify for a mortgage, you need to have at least 5% of the property�s price as a deposit. If you can provide more, it will not only increase your chances of getting approved, you will also be levied lower interest rates.

Low income. If your income is too small, you might have difficulty getting a mortgage since lenders might feel you could not make the repayments. Keep in mind that you will still have to pay your monthly bills and your living expenses aside from your mortgage payments.

One thing you can do is approximate how much money you have left after subtracting all your monthly payables. If you think it is not enough to make mortgage repayments, should you consider looking for supplementary sources of income or find a way to reduce your expenses.

Self-employed. This reason is related to the ones above. The lender may feel that you may not have a steady income if you are self-employed.

If the lender is willing to consider you, you may need to provide documents such as business accounts and tax statements for the past three years. You may also need to prove that you have work lined up for the near future that will provide you with a regular income.

How a Professional Financial Adviser Can Help You

An adviser can examine your current financial situation and tell you if you can qualify for a mortgage. He can also provide you with advice on what steps you need to take to increase your chances of being approved for a home loan. For instance, he may suggest that you start saving for a down payment before you consider applying for a mortgage.

He can also provide other alternatives for getting a mortgage. These may include qualifying for government home buying schemes or shared ownership. He may also suggest you apply for a smaller mortgage that may be more affordable for you.

In addition, he may refer you to other lenders more likely to approve you. Since some lenders prefer to loan to a certain demographic, he can suggest one that is looking for borrowers like you.

It is always advantageous to get professional mortgage advice. You are more likely to get approved and to find the mortgage that best meets your needs.

Keywords: Income Protection, Mortgage advice

Learn more about SpinDistribute Article Distribution System. We also offer one of the Best Article Writing Services out there - give us a try if you need great articles on various topics!

SpinDistribute.com Network

Each article you submit at SpinDistribute.com is sent through our innovative Article Distribution System to our network of more than 1840 publishers - about 55% of them are high-quality article directories, 30% of them are niche blogs and 15% of them are other content-rich websites.

To achieve the best possible success we only publish your article to most related websites. This means your article will show up on approximately 640 - 880 most related websites which will give you great SEO results.

We also offer a separate Professional Article Writing Service to everyone who's looking for high quality web content and well researched unique articles.