So you applied for a mortgage, and… your loan application was denied. Boo. ⁣ ⁣ But keep your chin up and don’t stress — there’s hope yet for aspiring homeowners just like you. Here’s what you can do:⁣ ⁣ 1. Find out why you were denied. Your loan officer should give you a definite answer as to why your application was turned down. Having this info will help you know what you need to do for next time.⁣ 2. Check your credit report. Pull your free credit report and make sure there aren’t any errors.⁣ 3. Pay down your debt. Most lenders want to see a debt-to-income of less than 43 percent. Do what you can to come in under that number by paying off credit cards, student loans, and car payments.⁣ 4. Shop around. If you were denied a conventional loan, talk with your realtor or mortgage advisor about other loan products that may work with your financial profile. Don’t be afraid to speak with multiple lenders.⁣ ⁣ If you’re looking to buy a home and have had trouble getting a loan, give us a cal...