Skip to content 
Underwriting conditions (often called “suspense items”) are not personal. They’re the lender’s checklist to prove your loan meets guidelines. Most delays in Miami happen because borrowers respond slowly, send partial documents, or trigger new questions with sloppy uploads.
Your goal is simple: clear conditions in one clean round. Here are the top 20 that show up most—and how to knock them out fast.
The Top 20 Underwriting Conditions (and how to clear each)
1) Proof of income (W-2)
What they want: recent pay stubs + W-2s + sometimes a written verification of employment.
Clear fast: upload the most recent 30 days of paystubs + last 2 years W-2s in one PDF.
2) Self-employed income (tax returns / P&L)
What they want: returns, K-1s, business returns, and/or P&L depending on loan type.
Clear fast: provide full returns (all pages/schedules) and a current YTD P&L that matches bank activity.
3) Employment verification
What they want: confirmation you’re still employed before closing.
Clear fast: don’t change jobs mid-loan; respond quickly if HR needs a form.
4) Bank statements (missing pages)
What they want: ALL pages, even blank ones.
Clear fast: download full statements directly from the bank PDF—don’t screenshot.
5) Large deposits
What they want: source + transfer trail.
Clear fast: provide origin → transfer → arrival evidence (and a short LOE).
https://mymiamimortgagebroker.com/bank-statement-loans-miami/
6) Gift funds
What they want: gift letter + donor ability + proof of transfer.
Clear fast: don’t do cash. Use wire/check and document everything.
7) Earnest money deposit (EMD) verification
What they want: proof the EMD came from your verified funds + cleared check/wire.
Clear fast: provide the cancelled check/wire receipt and bank statement showing it leaving.
8) Credit inquiries
What they want: explanation for new credit pulls/accounts.
Clear fast: short LOE: what it was, whether new debt was opened. Don’t open new credit.
9) New debt discovered (BNPL, auto loan, cards)
What they want: updated liabilities can affect DTI.
Clear fast: avoid new debt; if unavoidable, disclose immediately with payment terms.
10) Appraisal conditions (repairs / safety issues)
What they want: repairs completed or re-inspection if required.
Clear fast: get repair receipts + photos + schedule re-inspection ASAP.
11) Low appraisal / value dispute
What they want: renegotiation, additional comps, or increased cash.
Clear fast: agent supplies comps; buyer decides quickly: bring cash vs price reduction.
12) Title issues
What they want: clear title, payoff statements, lien releases, or curative work.
Clear fast: use a proactive title company and respond immediately to document requests.
https://mymiamimortgagebroker.com/title-searches-title-insurance-florida-real-estate/
13) Homeowners insurance binder
What they want: binder + paid premium (sometimes) + adequate coverage.
Clear fast: shop early and send binder the moment you’re under contract.
14) Flood insurance (if required)
What they want: flood policy details + premium.
Clear fast: don’t wait for the lender to surprise you—confirm flood zone early.
15) Condo docs (budget, reserves, questionnaire)
What they want: HOA financials, insurance, reserves, sometimes special assessment info.
Clear fast: order condo docs immediately—HOAs are slow. Delays here are common in Miami.
16) Proof of assets / reserves
What they want: verification you have required funds left after closing.
Clear fast: don’t move money around; keep funds in one/two accounts and document transfers.
17) Source of funds for closing
What they want: confirmation where cash-to-close is coming from.
Clear fast: provide a simple funds map: account(s), amounts, and transfers.
18) Documentation mismatch (names, addresses, dates)
What they want: consistency across IDs, paystubs, bank statements, contract.
Clear fast: if you have name variations, provide explanation + supporting ID docs.
19) IRS tax transcripts / 4506-C issues
What they want: validation of tax filing information.
Clear fast: make sure your address matches IRS records; sign forms exactly as requested.
20) Final “prior to docs” / “prior to funding” conditions
What they want: last-minute verifications, updated statements, final pay stub, updated insurance.
Clear fast: don’t disappear near the finish line; answer within hours, not days.
The 5 rules that clear conditions faster than anything
- Send complete packages (not one page at a time).
- Never screenshot documents. Use PDFs from the source.
- Don’t create new problems: no new debt, no big cash deposits, no job changes.
- Respond same day. Underwriting queues punish slow borrowers.
- Keep your money still. Random transfers create new sourcing conditions.
Bottom line
Underwriting conditions aren’t “extra hoops.” They’re the approval process. If you want a fast Miami closing, your job is to make every condition easy to check and impossible to question.
