04-17-2012 05:04 AM
Hoping somone can help
My bank is requiring a 10% downpayment in order to get a loan. I will be getting preapproval in the September however by my calcautions, I won't have quite 10%. I will be about 2k short but I will have 10% by the time I can close around end of November/ begin of December. Do you think the bank would want to see the 10% in my account for preapproval? Or will I be okay if I don't have the full downpayment until the closing date?