Will a mortgage company underwriter verify your bank balance if the have up to date bank statements?
Sep.30, 2009 in
Mortgage
My information is being sent to the mortgage underwriters but, I have had to withdraw some funds from my bank account. The bank statement they have is current. Will they call my bank to verify funds even though they have bank statements and I haven’t provided a telephone number?
September 30th, 2009 at 4:08 pm
Trust us, they have the phone number.
If the amount you took out is consistent with what you normally spend per month, no big deal.
If you had an emergency and too all of the money out, well, they’ll find out.