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re: Mortgage lenders don't care about bank statements?
Posted on 6/3/21 at 2:32 pm to AndyJ
Posted on 6/3/21 at 2:32 pm to AndyJ
quote:
but they love springing new things the day of the closing. They all do it, and it is pathetic.
That is the loan officer/originator's fault. You should never have surprises at the closing table. Often times, these things are due to them rushing to get your loan closed.
1
Posted on 6/3/21 at 3:44 pm to AUHighPlainsDrifter
quote:
You should never have surprises at the closing table.
Everything should be clear as day and correct on the CD. If something comes up after initial CD is issued, a revised one need to be issued right away to the borrower and the LO needs to verbally let the borrower know before that.
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