This is a YouTube video titled "Bank Statement - Why All Pages?" containing a monologue or explanation recorded on April 12, 2022, discussing the reasons why all pages of bank statements are required for home loan underwriting, explaining both the buyer's and the underwriter's perspectives.
Getting a home loan, you do have to provide all pages of your bank statements. This is one that gets a lot of questions. So I wanted to tackle it so I completely see both sides of it. The buyer's perspective is generally, hey, you see what you need on page one. Why do you need to dig through all my info? But from the underwriting government perspective, they don't know what they don't see. Their whole job revolves around sourcing deposits coming into the account. And they don't know that page 6 out of 7 was a blank page until they see it. So that is why they have to legally require all pages of the bank statement to get the full scope of what's going on.
