Why do Mortgage Lenders need bank statements? It may seem like mortgage lenders request an abundance of documentation when you are applying for a mortgage. One of the many documents that you may be required to provide are Bank Statements. It is not often just one month, but two or potentially more months of bank statements. But, why do lenders need bank statements to qualify you for a mortgage? There are a few reasons why bank statements may be required. Let’s take a look at a few circumstances: Cash To Close Many loans require that you bring money to the
The post Why Do Mortgage Lenders Need Bank Statements? appeared first on Growing Savings.