I have been running around like a mad woman, providing documents for the underwriting process. I was approved with “conditions” my question is, can the underwriter request MORE documents then those listed under the conditions?
So far I have provided – 3 months bank statements, 2 years w2, 24 rental payment history, 2 months pay stub, gift letter for my deposit, 3 letters of explanations for late payments, proof that I paid off credit card and 30day bank statement showing that. Letter of explanation for changing my address. Child support documentation and bank statements showing child support deposits for three months. 12 months of bank statements from my grandfather showing he pays and is a coborrower on one of my student loans. Copy of cash needed for closing (gift) deposit, earnest money deposit and bank statement showing it cleared. Letter from my job that I will be coming back to work at the same pay and position (I am on maternity leave).
So I sent all that today. And the processor said they could still ask for MORE documents and it hasn’t even gone to the final.underwriter!!
The only thing left is one repair needed from the appraisal and proof of my homeowners insurance.
I’m expected to close Dec 28. But wanted to close early. I am so worried they’ll be asking for documents up until my closing. What the heck else could they ask for? What should I be expecting to send them?