Mortgage Lender / underwriters ask for more documents

Camilion

Hi just a quick simple question for some possible peace of mind as I'm stressing away .

Lender ( pepper homeloans ) has asked for more documents additional 3 wage slips for second job . Thing is 3 have already been given and for 3 more I need to wait for 19 June . Broker has assured me that the application will remain open until then but I'm still feeling uneasy about I guess I don't have any other option .

Has anyone else had similar experience ? Also any advise from mortgage brokers on here would be much appreciated

Thanks

amnblog

The advice is simple.

The Lender asks for what they want. If you want the lending you will have to provide that information. If your income is varying, it is common to view a six month rather than three month record.

Pepper specialise in complex adverse cases so you can expect consideration of your case to be an involved process.

Thesimdude

Hi,

Yes this is normal. It's incredibly frustrating I know (trust me your broker will be almost as frustrated as you are).

If it makes you feel better, if they were going to decline it's likely they already would have.

TheSimDude

Thrugelmir

Camilion wrote: »

Lender ( pepper homeloans ) has asked for more documents additional 3 wage slips for second job . Thing is 3 have already been given and for 3 more I need to wait for 19 June . Broker has assured me that the application will remain open until then but I'm still feeling uneasy about I guess I don't have any other option .

The fact that you are applying to Pepper Homeloans for a mortgage suggests your options are somewhat limited due to personal circumstances. They'll request whatever is required to make an informed underwriting judgement.

Camilion

Thanks for the replies and reassurance lovely people I guess I will sit back amd wait for lastest wage slip... more sleepless nights ��

Edenrose1

I know it's been a year - but just wondered how you got on with your case