Bank statements with cash deposits

[Anonymous]

Looking into buying a house and I’m self employed. I have 2 years of tax’s returns.

My question is that a lot of my jobs are in cash, my tax returns reflects all my income. But will the lender reject me for having cash deposits? Even know they match with my tax returns

[JVille]

Cash deposits Will Not be acceptable to the lender. Get all your funds together in one account. season the account so you a minimum of 2 months stmts do not show any deposits you can not explain with COPIES of checks. Best to just have you account ready to go and no deposits of cash or other items you can prove. Bottom line is No cash won’t work.

[kc0039]

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wrote:
Looking into buying a house and I’m self employed. I have 2 years of tax’s returns.

My question is that a lot of my jobs are in cash, my tax returns reflects all my income. But will the lender reject me for having cash deposits? Even know they match with my tax returns

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We won't reject you for having cash deposits. If you're going with a conventional loan, we'll need to see a copy of the deposit slip, maybe a receipt for that job, and an LOX for all cash deposits. It'll be more tedious.