Can Mortgage companies pull bank statements and verify income?

Just want to know what information mortgage companies can and can not verify. Do they just use the information you send to them.Can Mortgage companies pull bank statements and verify income?
Oh my heck...yes they will not pull the bank statements, they will have you furnish your bank statements, Retirement information statements, Statements on any debt you might have, paycheck stubs. They will pull your credit history and fico score.





AND, they may have you furnish this information several times and often won't give you much time to get it. They do use the information you give them, but you will most likely have to go to the bank and get a very official copy of the information or have the bank send them a copy.





Here is what I did when I was doing my mortgage. I went in and talked with the Mortgage lender. I had her make me a list of what information she would need and I gathered it all together and took it to her. That said, it took me a while to find my house and so because so much time had passed I had to furnish all the information to them again.





Good luck.Can Mortgage companies pull bank statements and verify income?
Yes they can and will verify income, if you gave permission. In the application for a mortgage you give permission for them to gather any information they need. Actual statements they may ask you to provide to them. Would you loan money to someone without knowing if they could pay it back?
no you would have to supply them with them. They can execute the 4506 t with the IRS and see how much you filed on the last years tax return. It is a document that you sign when executing the deed of trust and mortgage


I am a mortgage banker in TN %26amp; KY
Darn right they will verify all information. You're about to make the biggest purchase of your life. They want to make sure you can pay for it.
They can. But, if you furnish a recent bank statement, you should not have a problem.