As a mortgage broker I’ve worked with Shelter Lending many times and always had excellent experiences. They use common-sense policies, reasonable rates, and are always looking for solutions to our clients’ needs. I would recommend them highly and look forward to working with them again in the future!
The bank has several reasons to say no:
- Unverified income
- Credit issues
- Down payment/equity is borrowed
- Property type/zoning unusual
- Location issues
- CRA tax arrears
- Use of funds






