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Mortgage audit

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Can anyone help I received mortgage offer with the mortgage works on the day of completion mortgage works randomly pick my file for audit can anyone explain what’s going on

Comments

  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It's being checked to make sure everything stacks up. The data which has been input will be checked against the supporting documents and phone calls to employers, etc may be made.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • amnblog
    amnblog Posts: 12,728 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Lenders run this as an internal process to check there staff and systems are doing their job.

    It's not about your specific case, its about the overall system.

    These normally delay matters by a few days and are unavoidable once your case has been selected.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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