"I asked that question and my LO's asked that question. If not initially, definitely before or during underwriting"
Has to be asked before taking the application. There has been some recent Fair Lending training on that. I don't make the rules.
Second part first. Calyx has not changed. A lender may want to see or verify a co-borrowers income/assets even if not used for approval. That's up to them not us. "May" is the key word as I don't know her exact scenario and I was trying to make sense of why they did that. In the future with the new URLA we will have separate apps regardless. Perhaps they're getting on board sooner?
First part:
"Income/assets are being used and therefore shown and combined or they aren't included. How is this a problem?"
Not a problem for me. I'm not the lender though. Again, I don't know the entire scenario and trying to figure out why they required two apps. The fact remains, they did. Any idea you come up with is of course just as valid a supposition.
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