Posted on: 10th Oct, 2011 11:09 pm
I want to buy a house. However, my problem is that I got divorce a few years ago but we are trying to sort out things once again. My question he just start having his paychecks deposit to my bank account. He is not on my home loan or contract for my new home. When I give the mortgage company my bank account information they will find this money deposited in my account. Will this cause a problem for my home buying?
Hi mona,
As far as I know, the lender will want you to provide him with a notarized letter verifying where and why the extra funds are being deposited in the account signed by both parties. If you can provide the lender with that letter, then I dont think the lender will create any further problems for you.
Thanks,
Jerry
As far as I know, the lender will want you to provide him with a notarized letter verifying where and why the extra funds are being deposited in the account signed by both parties. If you can provide the lender with that letter, then I dont think the lender will create any further problems for you.
Thanks,
Jerry