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In recent years, the federal government has tightened guidelines for lenders and borrowers.
Therefore, it is essential that your loan package be complete prior to submitting it
to underwriting. You will need to gather many documents, such as tax returns, pay stubs,
and bank statements.
Depending on your type of loan, it's possible the underwriter may request additional items.
However, we try to anticipate their needs in advance.
For requested statements, be sure to supply all pages of each statement. Yes, even the
blank ones. Large deposits to your bank, generally over $1,000, must be sourced and documented.
CASH on hand AND UNTRACEABLE FUNDS ARE GENERALLY NOT ACCEPTABLE.
This information can be provided in person, scanned and e-mailed, faxed, or even by snail
mail. THE MOST IMPORTANT THING IS TO PROVIDE ALL INFORMATION in a timely manner.
We know it's a lot of information, but we are here to guide you. Call us at 858-451-0620
with any questions