2 primarytransactionswithin 3monthstenant/vacantappraisal onprimary refiEmploymentStart DateJan 1stDeductionsdon't addup onpaystubsRental incomeneeded fromsubjectinvestment,more valuablethan primaryprimary refi,no docs in fileaddressed tosubjectpropertyGenericpaystubsBorrowerreceived araise afterprevious loanwas rejectedIncomedeposits onlyafter creditreport datesecondaryresidencewithin ~10miles ofprimaryleaseagreementsigned byfamilyprimarypurchaselocated fartheraway fromemployerMultiplegiftstransferredat closingNewemploymentfrom familymember who isalso providing agiftnet pay doesnot matchpayrolldepositsConsecutivepaychecknumbersRoundedearningsonpaystubsCurrentprimary lessvaluablethan subjectpropertyinconsistentformattingon bankstatementsTypo onpaystubsPreviouslyRejected Loan,NewEmploymentafter RejectionSelf-employedto W-2loanwithdrawnafter proof ofreceipt wasrequestedGift donorrelationshipchanges tomeet guidelinerequirements2 primarytransactionswithin 3monthstenant/vacantappraisal onprimary refiEmploymentStart DateJan 1stDeductionsdon't addup onpaystubsRental incomeneeded fromsubjectinvestment,more valuablethan primaryprimary refi,no docs in fileaddressed tosubjectpropertyGenericpaystubsBorrowerreceived araise afterprevious loanwas rejectedIncomedeposits onlyafter creditreport datesecondaryresidencewithin ~10miles ofprimaryleaseagreementsigned byfamilyprimarypurchaselocated fartheraway fromemployerMultiplegiftstransferredat closingNewemploymentfrom familymember who isalso providing agiftnet pay doesnot matchpayrolldepositsConsecutivepaychecknumbersRoundedearningsonpaystubsCurrentprimary lessvaluablethan subjectpropertyinconsistentformattingon bankstatementsTypo onpaystubsPreviouslyRejected Loan,NewEmploymentafter RejectionSelf-employedto W-2loanwithdrawnafter proof ofreceipt wasrequestedGift donorrelationshipchanges tomeet guidelinerequirements

Red Flag Bingo! - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. 2 primary transactions within 3 months
  2. tenant/vacant appraisal on primary refi
  3. Employment Start Date Jan 1st
  4. Deductions don't add up on paystubs
  5. Rental income needed from subject investment, more valuable than primary
  6. primary refi, no docs in file addressed to subject property
  7. Generic paystubs
  8. Borrower received a raise after previous loan was rejected
  9. Income deposits only after credit report date
  10. secondary residence within ~10 miles of primary
  11. lease agreement signed by family
  12. primary purchase located farther away from employer
  13. Multiple gifts transferred at closing
  14. New employment from family member who is also providing a gift
  15. net pay does not match payroll deposits
  16. Consecutive paycheck numbers
  17. Rounded earnings on paystubs
  18. Current primary less valuable than subject property
  19. inconsistent formatting on bank statements
  20. Typo on paystubs
  21. Previously Rejected Loan, New Employment after Rejection
  22. Self-employed to W-2
  23. loan withdrawn after proof of receipt was requested
  24. Gift donor relationship changes to meet guideline requirements