How the Banks decide if they will give you a mortgage or not.

Thirty years ago it was the dream of a young person to pay their mortgage off; today it is a dream to get a mortgage in the first place. The constriction of criteria commonly referred to as the Credit Crunch, has laid waste to many plans and dreams. However, it is relatively easy to find out if you would qualify for a mortgage or not. In this report I want to show you how the banks think. By using this information to your advantage, you will be able to greatly increase your chances of being accepted.

It is true to say that the information given within these pages must be a generalisation, as all banks have different rates, rules and products. I’ve tried to take the hard line where possible as this is exactly what the banks are doing at present. The good news for the mortgage-seeker is that there are only 5 areas of interest to the banks. Should you be able to put a tick in all 5 boxes then it is still possible to get a mortgage......... at least from the banks which have remained in business!

In this report, I am going to breakdown the 5 key points and explain as clearly as possible what you need to do to make sure the bank say yes.