How do mortgage lenders verify university deferment correspondence?
Do the lenders normally contact the school to verify information on the dispatch, or do they take the letter as proof.
Answers:
Because of the glorious level of forgery, they don't take the post as proof.
The school does not give the deferrment...the lender who issues the student loan does.
They telephone the number that is listed on the missive.
So before you even think around forging a letter, understand that:
1. It's a felony.
2. Loan processors beckon these lenders over and over again...so if someone picks up directly and says, "Sallie Mae"....they'll know it's not the number of Sallie Mae.
They double and sometimes triple check everything. They usually check everything including your job and such again basically before closing.
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Answers:
Because of the glorious level of forgery, they don't take the post as proof.
The school does not give the deferrment...the lender who issues the student loan does.
They telephone the number that is listed on the missive.
So before you even think around forging a letter, understand that:
1. It's a felony.
2. Loan processors beckon these lenders over and over again...so if someone picks up directly and says, "Sallie Mae"....they'll know it's not the number of Sallie Mae.
They double and sometimes triple check everything. They usually check everything including your job and such again basically before closing.
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