CNC Mortgage Blog

As mortgage brokers we try to make the mortgage origination process as simple and painless as possible. We do not benefit asking for unnecessary documents at the beginning of the loan application.

There are some standard documents that we know will be required by underwriters who will finally approve your loan. However, sometimes the bank will ask for additional documents. It is important that the borrower provide us with the request quickly for several reasons.

The banks are still in mortgage crisis mode. Banks are very nervous with new loans and all transactions are being looked at carefully. Appraisals are questioned, employment is verified, income is scrutinized. Banks are changing conditions on loans that are already approved. It is difficult to keep up with changes in conditions to approve loans so the faster a loan is closed the faster you will get your loan approved with the best conditions.

Please help your mortgage broker, loan officer or mortgage banker with documents quickly.