Tag Archive for: underwriter

Deadly Overdraft Charges; 5% Down to $625,500

We had an underwriter deny a loan request recently b/c the borrower had so many overdraft charges on her bank statements. We had to provide multiple statements to verify rent, […]Read More

Why 5 Day Loan Contingency & Then 15 Day Close?

A Realtor asked us yesterday why it takes us an additional 10 days to close if we can release loan and appraisal contingencies in 5 days. This is why: Within […]Read More