loan paperwork underwriting processing loan officer ability to repay: Why Do We Need Your Paperwork?
- 04/25/14 06:14 AM
The famous question that is asked by clients "Why do you need that paperwork?" Well, if you had $200,000 to hand out to a complete stranger, wouldn't you be cautious who you gave it to? Of course you would! This is why you will be asked many questions about you, your finances and your credit. You'll need to disclose everything. Why? The mortgage process is a great equalizer - it does not matter if you are rich or poor, every consumer is treated the same. No matter how much documentation we collect up front, you will likely be asked to produce … (0 comments)
The famous question that is asked by clients "Why do you need that paperwork?" Well, if you had $200,000 to hand out to a complete stranger, wouldn't you be cautious who you gave it to? Of course you would! This is why you will be asked many questions about you, your finances and your credit. You'll need to disclose everything.
;)
;)
