I've been refused mortgage insurance

by bensonhurst » Thu Dec 10, 2009 11:20 pm

mortgage insurer says because the home my son is purchasing is a converted shed, they will not provide mortgage insurance. Property has valued sufficiently, and the dwelling was reclassified as a livable dwelling because of the work done by the previous owner. Is there anything that can be done? Would a guarantor help? The sale was due to close next week!

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