PLEASE NOTE: This is a very detailed process and you will need to provide information that you feel is unnecessary. All items requested are mandatory requirements per the lender’s underwriting department, and/or the Federal Government. We will do what we can to limit your exposure to requests which you may feel are silly and unwarranted.
IMPORTANT ALERT – A lot of things can happen during escrow that could change the underwriting disposition of your loan application. For example; a borrower could lose their job, get injured, or have a home damaged by weather, or some other unplanned event. The more time there is between application and closing, the more of a chance that one of these events could occur. We understand that sometimes, bad things just happen. However, there are things that you can plan for; things within your control.