I assessed the mortgage application-I was planning on buying a house but it just happened I was refused: (. And though I was explained that my credit report showed I am too many debts and that is the only reason for my mortgage application being refused. So I am curious what next I should be doing in order to get this mortgage for I am really desperate about the house?
3 years ago I myself was in the same sort of situation and my mortgage application was refused exactly for the same reason I had too many debts from other sources for I also had some car and furniture bank loan. Anyway they have estimated that you are not able to pay off the mortgage at this moment and basically that I s why your application was refused. Anyway I suggest you better pay off all other debts you have and then try assessing another mortgage application but before you do it next time you better check your credit report by yourself.
