What Happens If My Loan Is Declined When I Use a Mortgage Broker?
Updated 12 days ago (March 6, 2026)
If your broker finds a loan for you but you are declined, you can still continue working with that broker. The mortgage broker should be able to help find alternatives with favorable rates.
Financial Disclaimer: Tellus provides this content for informational purposes only. This is not financial advice. Financial returns and mortgage terms vary based on individual circumstances and market conditions. Consult a qualified financial advisor before making financial or borrowing decisions.