PreviouslyRejected Loan,NewEmploymentafter RejectionCurrentprimary lessvaluablethan subjectproperty2 primarytransactionswithin 3monthsRental incomeneeded fromsubjectinvestment,more valuablethan primaryIncomedeposits onlyafter creditreport dateMultiplegiftstransferredat closingRoundedearningsonpaystubsSelf-employedto W-2Newemploymentfrom familymember who isalso providing agiftGenericpaystubsnet pay doesnot matchpayrolldepositsprimary refi,no docs in fileaddressed tosubjectpropertyprimarypurchaselocated fartheraway fromemployersecondaryresidencewithin ~10miles ofprimarytenant/vacantappraisal onprimary refiloanwithdrawnafter proof ofreceipt wasrequestedConsecutivepaychecknumbersDeductionsdon't addup onpaystubsinconsistentformattingon bankstatementsTypo onpaystubsGift donorrelationshipchanges tomeet guidelinerequirementsleaseagreementsigned byfamilyEmploymentStart DateJan 1stBorrowerreceived araise afterprevious loanwas rejectedPreviouslyRejected Loan,NewEmploymentafter RejectionCurrentprimary lessvaluablethan subjectproperty2 primarytransactionswithin 3monthsRental incomeneeded fromsubjectinvestment,more valuablethan primaryIncomedeposits onlyafter creditreport dateMultiplegiftstransferredat closingRoundedearningsonpaystubsSelf-employedto W-2Newemploymentfrom familymember who isalso providing agiftGenericpaystubsnet pay doesnot matchpayrolldepositsprimary refi,no docs in fileaddressed tosubjectpropertyprimarypurchaselocated fartheraway fromemployersecondaryresidencewithin ~10miles ofprimarytenant/vacantappraisal onprimary refiloanwithdrawnafter proof ofreceipt wasrequestedConsecutivepaychecknumbersDeductionsdon't addup onpaystubsinconsistentformattingon bankstatementsTypo onpaystubsGift donorrelationshipchanges tomeet guidelinerequirementsleaseagreementsigned byfamilyEmploymentStart DateJan 1stBorrowerreceived araise afterprevious loanwas rejected

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