financeguy_IHB
New member
I am planning on putting 20% down, my credit score is great, and have therefore been pre-approved for a loan from a direct lender. However, a lot people have been telling me that when it comes time to actually getting a the loan, a lot of people get denied even though they were pre-approved. Has anyone actually experienced this? Others tell me that now a lot of leaders are requiring more that 20% (like 30 or even 40%). Do you see this trend increasing? That would be pretty alarming.