You’ve made a great decision to buy a home. Now what?!
From now until you closing, you’ll want to keep your accounts clean when it comes to getting a mortgage. Here are just a few things to remember throughout the process.
Tag Archives: mortgage
Bizarre Mortgage Requests Delay Borrowers
Underwriters are being extra vigilant in verifying every detail of a mortgage application, and some of their requests for information, borrowers say, are downright odd.
For example, one borrower says an underwriter demanded a letter from his doctor that an illness he had would never come back. Another borrower says that an underwriter told her she needed to get verification from her employer on her employment status when she listed “homemaker” as her occupation.
A borrower said an underwriter asked him for a letter of explanation on a $6 deposit he made (the borrower earned $10,000 a month at the time).
Managing The Real Estate Details 