TD Bank Mortgage Complaint

TD Bank Mortgage department,

Home equity loan or line of credit Application, originator, mortgage broker New York

I request your kind attention on my below mentioned case and please reply and let me know how can I proceed further so as to approve my application for Refinance : Quote : Since ( around ) 6 or 7 years I have a Mortgage Loan for my Primary home at -, New York with TD Bank and the interest rate is 6.9 % which is very high, hence I try to Refinance the same loan, hence, I submitted application for Refinance the said loan at the same TD Bank, and upon run my credit history by TD Bank they got my highest credit score is -, however, TD Bank declined my refinance application, the reason they said '' the problem is debt with income ratio '' '' '' ''. FYI : as per 2014 my tax return documents my income is $74000.00 and debt is around $54000.00 plus I have liquid cash of $100000.00 in my - Fund Account ( like - ) plus cash value of


APPLICATION? From the above, I strongly doubt that the TD Bank declined my application because now I pay interest of 7 % to TD Bank and if they refinance now the rate must have reduced to around 4 % that will be the lose for TD Bank and that may be the reason to decline my application to refinance. FYI : Am a - RETIRED employee with having the income of Pension and - too and so far with very diffcult and without any default I am paying my monthly mortgage payment regularly without interrruption. therefore, please hlep in the subject matter so as to approve my refinance application. In view of the above, please let me know how to proceed further so as to get refinance. Expecting your valuable advise soonSincere- -