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Denial Reason – Consumer

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  • #344005
    Mary Beth Devillier
    Participant

    If I have a Consumer Vacant Land loan request and there are title issues that cannot be resolved, would I send AA notice by choosing “other” and explain? Or is this an approved but not accepted situation?

    #344040

    If the loan is being denied because of the title issue then you would send it as being denied and list the reason. If the title issue has caused the applicant to not move forward with the loan and your institution approved it, it would qualify for approved not accepted.

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