What does "proof" of funds and "seasoning" of down payment mean? (S5 E17)

What does "proof" of funds and "seasoning" of down payment mean? (S5 E17)

11 Minuten

Beschreibung

vor 4 Jahren

Realtor John V. Pinto and Abel
Fregoso, Senior Loan Officer at Homebridge Financial
Services, discuss what used to be known as "Verification of
Deposit & Proof of Funds".  What are "seasoned funds"?
 How are bank account, stock and IRA/401K statements looked
at by a lender?  

Kommentare (0)

Lade Inhalte...

Abonnenten

15
15