"But that's personal information, I would rather not send it."

It is hard to hand that information out, but like you said, if the applicant expects to get a loan, they should expect to hand over the information.

Kathy- we've been so conditioned these days not to give out any personal information at all however, to get a mortgage, you have to "give it up."

But why can't you just loan me a few hundred thousand dollars without my personal information? Do you think I may not pay it back?

Kathy why don't you trust me he says,  my word is good as gold.  Really ask my Mother she'll tell you.

Kathy-I get this all the time especially when I had been in the mortgage business, sometimes I hear them up front that they do not want to give up their email address...most of those I cannot proceed any further to help them to realistically save a mint (refi). I do my best to pursued them for their own benefit, doesn't work all the time!

Kathy-You don't what you don't know so I guess it should come as no surprise that some haven't a clue about what it takes to get a loan for several thousands of dollars.

Kathy...

Borrowers need to understand that no cooperation equals no loan. Plain and simple.

Good morning Kathy. I guess I understand the comment but it is pretty funny to think a consumer would expect a loan without providing personal information.

We hear this too and we reassure the buyers that only the Loan Specialist will know these numbers. We as Realtors and the sellers never see them...

Hi Kathy - In this time of disappearing privacy, I can understand wanting to maintain as much of it as you can for as long as possible. It's the inability to understand when that door has to open voluntarily that's puzzling here, but I expect we'll all see more of this as privacy becomes a luxury item.

That is a good piece of advice for buyers. I can't imagine that many people really expect to receive a mortgage without providing some financial info, but everyone has their limit for how much they are asked to divulge.

Some of my buyers grumble and complain but others act like it is no big deal. I think it is very intrusive but then again, if you want the loan you have to do it.

There are so many scams out there today that I can understand the initial fear of providing that kind of information but without it, no loan, no closing.