Jumbo Denial Rates Fell to 11% Last Year

Inside Mortgage Finance, May 4, 2022–Brandon Ivey (subscription)
The denial rate on non-agency jumbo mortgages dropped to 11.2% in 2021 from 15.5% the year prior — with turn-downs declining for both refinances and purchases — according to a new ranking and analysis by Inside Nonconforming Markets.