“It’s not worth risking a closing over one extra document unless it’s truly unreasonable.”
Totally get this. I’ve had lenders ask for stuff that made me scratch my head—like HOA meeting minutes for a single-family rental, which wasn’t even in an HOA. Sometimes it feels like they’re just testing if you’ll push back or not. Curious, have you ever had a lender actually walk away from a deal because you refused to provide something? I’ve always wondered where the real line is...
Sometimes it feels like they’re just testing if you’ll push back or not.
Had a lender once ask for a termite inspection on a condo in a high-rise—no wood anywhere. I pushed back, and they dropped it, but I’ve never seen a deal die over one doc unless it was something major, like missing tax returns. Usually, if you explain why it’s unreasonable, they’ll work with you.
That termite inspection request made me laugh—been there. Had a lender once ask for a “well water test” on a property in the middle of the city, hooked up to municipal water for decades. I genuinely think half the time they’re just checking if you’ll blindly jump through every hoop.
But you’re right, most things aren’t dealbreakers unless it’s something big, like tax returns or missing proof of funds. I’ve found if you push back, especially with logic and a bit of documentation, they usually back down. Still, I get why people get nervous about it. There’s always that little voice worrying they’ll pull the plug over something dumb.
It’s all a bit of a dance, honestly... Just gotta keep your wits about you and not be afraid to speak up when something doesn’t make sense.
It’s all a bit of a dance, honestly... Just gotta keep your wits about you and not be afraid to speak up when something doesn’t make sense.
Totally agree, it really does feel like a weird dance sometimes. I’ve had lenders ask for the same document three times, like they’re just testing my patience. Curious—has anyone ever had a lender actually pull out over something minor, or is it mostly just empty threats?
Getting Through the DSCR Loan Maze: My Step-by-Step and a Question
That’s not just you—lenders can be relentless with the paperwork. I’ve seen files where they’ll ask for the same bank statement three times, each time claiming it’s “missing a page” or “not clear enough.” It’s frustrating, but honestly, it’s usually more about their internal process than anything personal.
As for lenders pulling out over something minor, it does happen, but it’s rare. Most of the time, if they’re threatening to walk over a small issue, it’s more of a pressure tactic or maybe they’re just covering themselves. I’ve had one deal fall apart because the borrower’s middle name was spelled differently on two documents—felt ridiculous at the time, but it turned out the underwriter was just looking for an excuse to back out because their lending criteria had quietly changed.
Best advice? Keep everything organized, double-check what you send, and don’t be afraid to push back if something seems off. Sometimes just calmly asking “Can you clarify why this is needed again?” gets them to back down. It’s a dance, but you can lead if you stay sharp.