Top Tips for Getting a Residential Mortgage Approved

Many years have passed since Northern Rock heralded the virtual collapse, of the residential mortgage market. Sadly, lenders have no real appetite to put mortgage securities onto their books, and the chances of getting the securitisation market going right now, are nil. This means that there are far more applications for mortgages, than there are funds available to satisfy the demand. However lenders will not come out and say "we have no money", or we would have another Northern Rock on our hands! No, lenders simply make it difficult for applicants to get a mortgage, by imposing criteria that excludes many. If you are looking for a mortgage, to help give you a fighting chance of approval, I have put together some tips that may assist you. Good luck!

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