Every now and again I tell people about my quick and dirty stated income loans, and then about the potential for interest rate and term savings with full doc loans, and they still come away with the impression that they can delay their choice.
What they miss is pretty obvious to me, anyway: once they hand me things, they will go into my lender's package whether the lender usually asks for them or not: and if they contradict what has been filled out on the 1003, they're unlikely to get the loan on the terms they expect. I disclose everything to the lender, asked for or not, and allow them to make the underwriting decisions. Some lenders complain a little, but I always respond, "I am legally your agent. The law says you know everything I do anyway. You asked me to sign an agreement that I will tell you everything. You don't get to complain when I do."
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