Can lender ask for third party bank statements?I am suppose to close escrow this week on a USDA loan. We currently lease a home and have been for 8 years, my brother is on the lease with me, and pays me his portion of the lease then I pay the management company. I have provided the lender with statements from my brother stating what he pays every month as well as the lease agreement. He is not on the loan. Now the lender is requesting the last 12 months of bank statements from him to prove that he has been in fact paying us. They said they want to make sure that we do not have any undisclosed income. Can they do this? It seems like an invasion of his privacy when he has nothing to do with the loan. Any info will be helpful!July 09 2012 - Menifee00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.