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Updated 8 months ago on . Most recent reply

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John Asher
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John Asher
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Private Lending & Conventional Mortgage Advice

Being asked to provide proof of rental payments for DSCR loan

John Asher
Posted

I am applying for a DSCR loan and am now a renter myself. I'm being asked to provide 12 months of cancelled checks in addition to a lease to prove that I'm renting. Providing a copy of the lease makes sense but having to get together 12 cancelled checks doesn't to me. Is that typical now?

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Chris Seveney
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Chris Seveney
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@John Asher

I have seen that as usually bank statements will show the cashed checks

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