Concerned about amount of informatioin requested by lender

[Michael N.]

I am concerned about how much information I have to provide to a lender, to finance some investment properties.

I am new to real estate investing, and looking at turn-key companies. CashFlow Savvy recommended a lender (Ridge Lending Group in Portland, OR), and their information request is extensive. They want 401k information, signed credit card authorization, all bank accounts, IRAs, tax returns. Basically a social engineer's treasure trove of information.

Is this a normal request?

Cheers.

[Jessica S.]

They didn't ask you for anything out of the ordinary.  If you don't want to divulge that information you may have to forgo getting a loan.