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Declaration of Source of Funds Mortgage Customers Form

Declaration of Source of Funds Mortgage Customers Form

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so a lot of people when they're getting a mortgage there's a lot of people that get gift money whether it's helping with closing costs or just having enough money in an account so that the lender will lend you that amount of money so we're used to getting gift money before you accept that gift money ask your lender how they want it to show up many lenders are just going to have you send it right to the title company to keep things really clean and easy but because if they go into your account you need to show the paper trail so if that is the case this is something that you need to show money in your account ask the lender how they want it done if they need a letter from the person sending but you want to just make sure that the lenders on board they understand what you're doing and you take their advice on how to bring it to your account

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