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Question re: Seasoned Funds

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jojomomma
Regular Contributor

Question re: Seasoned Funds

Deposited funds are considered seasoned in 60 or 90 days for FHA loans?  TIA Smiley Happy

11/2011 FICO .................TU 672 ...........EQ 654........... EX 649
03/2015 FICO; .. TU 710.... EQ 721 ....,,,,.EX 722

Cap1 6850, Discover 17,600, WM Discover 6000, Chase 2500, Citi Simplicity 2600, Citi Dbl Cash 2,600, Home Dpt 500, VS 1200
Message 1 of 4
3 REPLIES 3
sports1965
Frequent Contributor

Re: Question re: Seasoned Funds

2 months i think

Message 2 of 4
wendlan
Regular Contributor

Re: Question re: Seasoned Funds

yes 60 days

Message 3 of 4
Anonymous
Not applicable

Re: Question re: Seasoned Funds

Currently going through the FHA process myself and 60 days is what the LO told me! Good luck!

 

Message 4 of 4
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