We just got a letter asking us for MORE documentation. Now the bank needs 1) proof of an additional $700 cash in hand for closing costs; 2) evidence of reserve funds amounting to 3 months' PITI (principal, interest, taxes, and insurance) in liquid assets; 3) a detailed budget of how we plan make our mortgage payments every month; and 4) an explanation why Eddie's license address is different from the correspondence address (uh, because we moved, bank robomaton).
Jumping this hurdle will be impossible because they won't accept "gifts" as a source for these additional funds. Previously, I funneled my money into Eddie's account as a "gift" to cover the closing costs. If we had known about these additional funds, say, two months earlier, we could have transferred all the cash needed from my account into Eddie's and they would not have detected it because they only look at the last two months' bank statements.