Regular Contributor
To-Be-Continued
Posts: 197
Registered: ‎06-08-2011
Re: Cash (not check) downpayment gift

They are very strict about a money trail. They need proof that the money is clean, because if the money is from nefarious means (dirty money) they can lose their collateral ( cops seize the house) to forfeiture due to illegal activity.

 

 

TBC

AUDE VIDE TACE :
Starting Score: 684
Current Scores: EQ 796 TU 794 EX 750 (All lender pulls on 2/9/12)
Goal Score: 800 all 3