Jade Ocean, center, is a high-rise condominium at 17121 Collins Ave. in Sunny Isles Beach. Photo: J. Albert Diaz/ALM
About 11 percent of mortgage applications are denied across the region, which is a higher rate than the 8 percent national average.
April 30, 2018 at 01:44 PM
1 minute read
South Florida real estate reporter
Homebuyers in South Florida get turned down for mortgages at a higher rate than most other metropolitan areas in the U.S., a new study shows.
About 11 percent of mortgage applications in 2016 were rejected across the region, which is higher than the 8 percent national average.
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