Blog \ Seasoned Funds What are they and why do you need them ...
Jul 5, 2010 . As mortgage lenders we often see buyers trying to use money that . All lenders require that down-payment and reserve funds be seasoned.
Sourcing and Seasoning of Funds - Searchlight Crusade
Mar 25, 2008 . Hello, I understand this, but I am trying to do a shared equity mortgage where my father will put money in for the down payment, and in .
Tax Refund Qualifies as Mortgage Down Payment? | Homebuying ...
Jan 31, 2011 . Tax Refund Qualifies as Mortgage Down Payment? A tax refund is considered sourced and seasoned funds and can be used as soon as you .
Deciding How Much to Put Down on your New Home
You will need "Seasoned Funds" Be sure to have your down payment ready at least 60 days before you apply for a mortgage loan. The banks want your funds to .
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Why Do I Have to Justify Deposits for Getting a New Mortgage - eHow
Skin in the Game. Mortgage-industry professionals use the term "skin" for borrowers' own cash -- money they've saved and seasoned for their down payments.