re: Mortgage lenders don't care about bank statements?

I just refinanced and they didn't ask for any bank statements. Though I rolled closing costs in so that may be the reason why as I didn't have to bring any cash to close.

I still find it odd as they had no idea how much money I'm spending vs income. Sure my credit report has credit card utilization. However, that's misleading. The credit utilization is based on your monthly statement balance. If you make big payments before the statement closes then it won't show up. I started doing this two months before I refinanced and verified it.

I made sure to keep my balance across all cards less than 500 which showed up in my report. In reality, it was closer to 2k.