Monday, September 30, 2013

Chase has the highest mortgage application rejection rate in 2012

If you're in the market for a loan, you might want to have a few backup banks on your list.  According to the Federal Financial Institutions Examination Council, Chase had the highest rejection rate of the big banks at 34% in and SunTrust had the lowest rejection rate at 11%.

Follow the link to see how the lenders stack up.  http://www.marketwatch.com/story/the-bank-that-rejects-the-most-mortgages-2013-09-25

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