Declined

• If the Milestone Indicators are gray/black and Loan Status is ‘Declined’, this indicates that it was Declined due to not meeting the Underwriting Criteria. Common reasons are as follows:
  • • Not the Property Owner 
    • Mobile/Manufactured Home 
    • Low Credit Score 
    • High LTV and DTI

Once the status has moved to "Declined", a new loan application can be submitted.