Can a Lender Request More Information
Can Creditors Collect Information Beyond The 6 Required Pieces?
In addition to the required pieces -
3) Social Security Number
4) Property Address
5) Estimated Property Value
6) Mortgage Amount sought
- a creditor may collect whatever additional information they deem necessary.
However, as soon as you have provided the 6 required pieces, the creditor has 3 business days to provide a Loan Estimate for approved loans.