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in qualifying for a mortgage it is hard enough the stress at Bordeaux or would go through to get the best mortgage rate suitable for him or her but many at times due to certain circumstances situations or occasions you might want to cancel the mortgage loans that you applied for and in doing that there are procedures that are followed to be able to cancel a mortgage loan there are different reasons why a person would want to cancel a mortgage loan and these reasons could include unfavorable mortgage rate trends for example a person who decides that the best mortgage type that will be more beneficial to him or her is the adjustable rate mortgage but some mortgage rate trends may cause the interest rates on mortgages which is the interest cost paid on a particular mortgage to increase to a very high extent higher than the initial interest rate when applying for the mortgage so it is very much possible to terminate your mortgage application even if you have already signed it and sent in