At Brooks & Crowley, we close dozens of mortgage loans every month. In talking with borrowers, a common complaint that we hear is how much documentation had to be supplied to the lender in order to have the loan approved. Some folks who have not applied for a loan for many years, or who are helping their sons and daughters with their first homes, will talk about the “good old days” of limited documentation and even stated income loans that required little or no documentation from the ...
