Normal procedure is for the assessor to question those liabilities - it shouldn't be an automatic deal killer.
If it hasn't stopped the deal from servicing then I really can't see what the issue is.
This just doesn't sound right to me.
Cheers
Jamie
Bummer. You should be able to get a reason.
Plenty of mainstream lenders out there with competitive rates these days. Before proceeding though - you need to find out why you were knocked back.
Do you know how your credit file looks?