How to Make Bank Underwriting Easier...

[Tyler Deck]

I hope I got the point across in the title...

I hate working with underwriters at the bank. I'm currently refinancing a hard money loan quickly in order to make my DTI numbers work for an FHA loan purchase I'm making for my primary residence. It's terrible.

Honestly FHA asked for less information than my local community bank has for the refinance. Let me throw in that at the last minute (less than 5 days before closing) that they could only do 65% instead of 80% promised by the loan officer only days ago, but I digress.

We all (I assume) get those emails requesting documents and bank statements from the lender, then it goes to underwriting, and then they ask for additional documents and explanations of ridiculous things... SO...

How can I make the process of getting all my documents to the lender, and then MORE documents to the underwriter easier. What can I do as an investor to make life easier. Should I use one bank account for everything? Should I use one account for my WE and personal income and another for the business? I'm on 8 units and I know I need to get this down now before it drives me nuts!

Any thoughts?