What does the Mortgage loan officer do with your bank statements?
What does the mortgage loan officer look for on your bank statements?
I am submitting the required paperwork to process my mortgage. They are asking for my last two months bank statements. A few months ago, I made a banking error which resulting in my account to go negative and to be charged several overdraft fees. I am worried because this is showing up on the bank statement that I have to give them. Is this going to make my loan not go through? Could I just print off the last 60 days of transactions because it doesn’t show up on that?
I am putting 20% down and my credit score is 750. I am stressing out about this. Am I screwed?