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"It's not you, it's me." This statement doesn't make a break-up any easier. It also doesn't make a "no" any easier to handle. That's essentially what happens when a lender turns down your mortgage application when the house doesn't pass inspection. It's not you fault the previous owner didn't take care of the home. You're not the one who left the home empty for a year.
A home is one of the best personal assets that one could invest in. It is therefore with a lot of excitement and anticipation that you do your homework on the requirements and the procedure and submit an application for a mortgage. When the response is a rejection, you keep asking yourself, why was my mortgage application denied? It's a frustrating and disappointing situation.