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March 2017

How do mortgage lenders check and verify bank statements?

2017-03-26
By: Jeff P. Batson
On: March 26, 2017
In: Bank statements

Borrowers who wish to obtain a mortgage loan to purchase or refinance a home must be approved by a lender in order to obtain their loan. Banks must verify the borrower’s financial information and may require that a Proof of Deposit or Verification of Deposit (POD/VOD) form be completed andRead More →

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