Does bank account used for preapproval have to show transactions?

[BarackOdrama]

I've been saving money in a separate account that will be used for the downpayment. I do not pay any debts out of this account so the statements will not show any transactions except the seasoned funds. Is this suspicious to lenders? 

[ezdriver]

No. There is no rule regarding how one saves for a downpayment except for cash under the mattress. When I bought my first house in the 1980s, I cashed in savings bonds that I had purchased over a 15yr period. 

[DallasLoanGuy]

i see nothing suspicious

[Jess21]

I dont think so.  We have our down payment money of a separate savings account that we only make deposits to.  You will sho have to show statements for this account too

[BarackOdrama]

Thank you all. This makes me feel more comfortable about my application. 

[DallasLoanGuy]

for clarity.....

yes, we need the transaction history. if that history is blank.... fine. but we have to see the history