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Wednesday, June 19, 2013

It's just a $1,000 dollars who cares!!!

The new Era of lending.
If you are going through the mortgage process, and have an irregular deposit in you’re checking or savings account, normally $1,000 or more, be ready to explain and source the funds. Meaning if it was a gift or a bonus prove where it came from or wait to deposit it in your account until after closing. Lending today is difficult at best so a little tip to be aware of. Keeping in mind your Loan Officer is not the enemy, but a coach in the mortgage process. #mortgagebrokeropfl Mr. Will