Profile picture for vuong chris

I almost come to closing the escrow but there's a problem that the lender

I almost come to closing the escrow but there's a problem that the lender saw the $1200 cash was deposit on dec. 4 and they ask for verification what can I do? Please help....
  • February 06 - US
  • 0
    0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We 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.

Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.

 
 

Answers (4)

First speak with your real estate professional and than just give them the verification. You know best where the money comes from. If it was gift money than you need a gift letter from that person and your lender will accept. If you borrowed that money that will raise red flags with your lender why you need to borrow that money and most likely will deny the loan.

This is a normal process our days that lenders will verify your account activity during the loan process. 

Just be honest about it.

Annett T. Block
Florida Connects Inc.
  • February 07
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We 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.

The lender should be able to tell you what they are looking for and you need to verify where the money came from.
  • February 07
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We 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.

You can ask the lender what you need to do.

All the best,
  • February 06
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We 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.

Profile picture for wetdawgs
Well, how about if you verify it?  Is there a reason you don't wish to do so?

  • February 06
  • 0Yes

  • Report a Problem

    Please enter a valid email address.

    Content flagged

    We 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.