sr71Girthbird t1_iujoxyv wrote on October 31, 2022 at 9:01 PM

Reply to comment by Scout-Penguin in ‘The Only Reason We Got It Was That I Lied’ by King-of-New-York

Mine was jumbo as well, Citizen's Bank ended up not having an issue once I submitted that letter which essentially counted as written verification of income and employment, but a couple other lenders wouldn't even give pre-approval.

Scout-Penguin t1_iujpodq wrote on October 31, 2022 at 9:07 PM

Variability in underwriting standards is definitely a thing. I went with Wells Fargo and it definitely helped to have a mortgage banker that was prepared to go toe-to-toe with the risk/underwriting team at various points (I didn't have a "seasoned" credit file at the time I was looking to buy) but bonus income was not one of them for me.