Refi/Doc Question

lrn327

DH and I are re-financing and we have to sign a request for the bank to pull our three past tax returns.  I have no problem with this but was wondering if this was a usual request?  When we had our original loan, we had to of course provide payroll information, and I just don't remember the tax returns.

EMOmamma

We just refied last week yes that was listed as possible docs they would review.

lrn327

EMO-mamma:

We just refied last week yes that was listed as possible docs they would review.

Cool, thanks!   

mamaholmes2010

It is a relatively new requirement-part of the fall out from the housing market collapse.

lrn327

Makes sense, thanks!  We're just happy to be re-fing!  We switching our 25 year loan out for a 20 year and actually paying a little less per month, yay!

chickaboo1974

When we bought our house last year it was asked for- no big deal really.  Banks are thankfully becoming a little more conservative in their lending practices.

[Deleted User]

Yup, we just refi'd & they asked for the last 2 years.  No bigs.  Congrats!

lrn327

sofamonkey:

Yup, we just refi'd & they asked for the last 2 years.  No bigs.  Congrats!

Thanks!  We're sending it all off today!