We get it, being asked to send the same document more than once during your mortgage process can feel a little confusing. But if you’re building a new home, this is actually a very normal part of the journey. It’s just part of making sure your loan stays on track and ready for closing!
New Construction = Longer Timeline
Unlike buying an existing home, building a new one from the ground up takes time. Because of this extended timeline, some of the documents you provide early on can become outdated by the time you’re nearing your close date. To make sure your file is accurate and up to date, your Loan Team may need to refresh those documents.
It’s All About Accuracy
Mortgage lending is a highly regulated process, and your Loan Team is committed to making sure everything in your file reflects your most current financial situation. Think of it like renewing your driver’s license — you’re still you, but the paperwork needs to reflect today’s details.
Common Documents That May Be Requested Again
- Recent pay stubs
- Updated bank statements
- Employment verification
If you ever feel unsure about why something is being requested again, don’t hesitate to reach out to your Loan Team. They are here to help, and they want you to feel informed every step of the way!
