Lender requesting a ton of docs
I'm in the process of doing cash out refi's on 2 rental properties. One is with a portfolio lender, the other is with a Fannie Mae lender. I applied with both using only my W2 income which is sufficient to support the debt to income ratios. In addition to my tax returns, the banks want the tax returns for every company where I receive a K-1 even though I didn't base the loan app on this info. I have other entities with several other partners. I'd prefer not to provide all of these returns. Any thoughts on how to handle this?
Thanks,
Michael