VITA: Bringing the Smart Mortgage to the world
Why mortgage applications are declined.
Poor credit history.
Make sure to check your credit file with reference agencies to see what kind of information they have on you, and if any of it is wrong, you can make the necessary corrections.
Not registered to vote.
You are needed to be on the electoral register at your current address so that lenders can confirm your identity, where you live and the years of residence.
Too much debt.
There is a lot of free and confidential advice out there to assist you in incasing you have money worries.
Payday loans.
Any payday loan that you have had over the last six years will be listed on your file regardless of whether you have paid it off in time. Receipts of these are against you since lenders might wrongly assume and predict that you will be unable to cope with the financial responsibility of having metaethics does not necessarily mean you will be turned down for a mortgage as borrowing procedures and policies are different for every lender.
Administration errors.
Your application details are input manually into a computer database and are prone to human error and misinterpretation resulting in mistakes on your credit file which can end up being a factor as to why you might have had your application rejected.
Not matching the lender’s profile.
Some lenders choose to lend to a particular demographic. You can, however, utilise the services of an independent mortgage adviser who have experience of the market and better understanding of the type of borrower each lender will intend to attract. They can steer you to the most favourable products, at a cost though.
Insufficient deposit.
In this case, you don’t have enough money for a deposit.
Contract work and self-employment.
You are required to prove that you have a steady income by showing your tax statements and business accounts for at least the past two or three years. There may also be the need to prove that you have work secured for the future although the decisions will still vary from lender to lender.
VITA Project Solutions.
There are numerous more factors which can make you not qualify for a mortgage and its all wrong. Everyone deserves to have a place to call home, and VITA is all about making that happen. In this era, we are living in, the rich become richer, and the poor become poorer. It’s hard to buy a home or even own one given the prices of houses skyrocket every other year and also the lack of sustainable social housing compounds.
CONCLUSION.
With VITA, your home will be not only affordable but also eco-friendly. Green living and low energy bills are a guarantee through the platform’s preferred choice of the housing system. It will offer a range of eco-friendly and sustainable building and installation solutions such as superb thermal insulation, solar panels, heat pumps or photovoltaic panels.
The beauty of this project is that you get to save money and at the same time protect the environment. Become a part of the VITA family today and help change the way the world looks at buying homes in the future.
More information:
🔗 Website: http://www.lifevita.io/
🔗 ANN: https://bitcointalk.org/index.php?topic=5180556.msg52322814#msg52322814
🔗 Whitepaper: http://www.lifevita.io/VWP.pdf
🔗 Twitter: https://twitter.com/Vita_Token
🔗 Facebook: https://www.facebook.com/VITA-Token-422759604994205
🔗 Telegram: https://t.me/vitacommunity
🔗 Reddit: https://www.reddit.com/r/VitaToken/
★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to VITA WEBSITE
