I feel for their situation. I’ve been in the
same boat. For me, I’ve had to develop my credit and credit score to the point that
lenders will not bother to ask for documentation of income. If they do, I am
faced with the insurmountable task of creating the mounds of paperwork they
need. I own or serve as a principle in several businesses. One time, for a very
small, very short term loan, the lender required me to submit so much paperwork
it would have been, literally, no joke, about a three feet high stack. And what
does the 9to5-job-for-life person in underwriting do with that much paperwork?
Easy, rubber stamp it “denied” and go on about their increasingly mundane day.
It is a rough place to be in, and most bankers I have ran in to do not
understand it.
Try contacting Jackson Diaz-Cobo with BB&T. I am not sure which branch he is at now,
but his email is JDiaz-cobo@BBandT.com
Hope you find your client the help
they need.
