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SO my mom gifted me $2000 from her home stash, because she doesn't like banks. I thought it was going to be a 2 liner, but she ended up writting thing. Would this be okay? Or too strong?
wont upload sorry!
The underwriter at my lender required proof our gift money existed in the givers account.
Seems like a standard deal. Cash not in her account may cause an issue.
Good luck.
My recommendation is that you let the money season in your account for 60 days and then you won't have to worry about all the documentation requirements for gifted money.