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Showing content with the highest reputation on 03/25/2012 in all areas

  1. News Alert: In this economy, underwriters are asking for the proof of the last time you passed gas and where. The good old days are gone. Underwriters want proof in their files so that can substantiate their decision if they are ever called on the carpet. Don't take it personal. I have had clients with great credit and no BK be asked to explain things on credit or on bank statements or paystubs. NSFs are a problem for any borrower. The underwriter always asks about this. Some of the things youu are being asked are due to the BK. Reason being, just about every lender wants to see proof th
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