POV: I’m reviewing your bank statement and see a random $50,000 deposit… 
My first question: “Okayyy… where did that come from?”
Here’s why 
When you’re buying a home, large deposits can raise questions during underwriting. Mortgage professionals need to know where the money came from and have documentation to back it up.
Maybe it was:
A gift from family
Money from selling something
A transfer from another account
A bonus or other income
None of those automatically mean there’s a problem — I need to be able to explain and document it.
So before you move a big chunk of money around while buying a home, talk to a mortgage pro or talk to me first.
A 2-minute conversation now can save you a whole lot of headache later. 
#mortgagetips #homebuying #loanofficer #mortgage #realestate