@hopeful5 wrote:
Mickie - hypothetically, if you have 401k monies to put toward your downpayment and closing costs, some cash in savings account but you alos have 1/3 of this money in a safe in your garage in cash. The cash coming from putting money aside over the last year or two but not wanting to put into a bank account so you wouldn't be tempted to use. How do we show where this came from? Would they be ablt to see from our income and debts that it was possible to do or is that to arbitrary.
option 1: use another source for your cash to close than the cash.
option 2: deposit the money and let it season for 60 days(so no big deposits show on last 2 months paystubs)
Retired Lender
