Why You Did NOT Get APPROVED For A Mortgage *The Truth*

In this video, I'm shedding light on the real truth about getting approved for a mortgage. In most cases you may think you're approved without actually meeting the required standards.

If you're thinking of buying a house, especially if you've received a pre approval , then you should definitely stick around for this video to find out all about why you're not getting approved for a mortgage.

//MG The Mortgage Guy Official TikTok:

Thanks for watching!!

[shahida]

Every time MG says “a pre approval is not worth the paper it printed on” I be in 😂😂😂😂 it’s so funny

[Mariahugo]

Making money is an action.keeping money is a behavior, but “Growing money is knowledge” I figured this out a week ago.😇

[khadijahdavis]

I get TONS of those emails and postal letters from these companies l, it's all a setup, it's like they want you to be in debt up to your ears smh, i don't fall for any of that crap, especially since now I'm getting near to close, i already have 6 cc that i only barely use just to keep the accounts open, since the beginning of my underwriting process i have dramatically decreased my DTI ratio and my credit score has gone up significantly, i have not opened any new accounts or cc's, hell I've been nervous about buying groceries 😂, nothing is gonna stop me from getting my home, these ppl keep sending me this crsp about how my credit score approves me for this and that, NOPE!!, not I captain, it's like they're saying " hey you don't have enough debt, let's get you some more"....it's effn disgusting how this system is😡

[JuicyRussianMartini]

I promise you everything he's saying is 100% facts and is knowledge you should have before starting your house hunt

[cheribarker]

Hi, can you do a video on buying multi family builds and what type of lending options there are.

[AsIs]

I def needed an underwritten preapproval cause we wasted a lot of time when there was a big road block I should've known from jump that the loan officer did not know...

[kryliam]

Very silly of someone to quit their job the week they close on a house.

[laurenodonnell]

Passive income does have a way of liberating people, i remain eternally grateful to Mrs Karen Cosmann and her company for their efforts that got me to this point, finally payed off my mortgage and all my debts, what more could I've asked for.

[ElizabethLauraEL]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.