Friday, May 22, 2015

Random audit check in my mortgage application?

my husband is self employed, he is self employed for past 7 years. I got my mortgage approval in jan 2014 in cibc bank, my new home closing is mid aug nearly 2 weeks left. My bank said your file is in underwriter once done we will send it to laweyer… But yesterday they said your file is picked by audit randomly so auditing is going on… Iam getting confused why they are doing in last minute… And what are the information i provide every thing is correct still iam little bit worried… Because of my self employed. His profession is senior business analyst. Can any one help with this why they are doing audit. Is there any conflict come in this stage?

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