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/u/LevelWonderful6391
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Hi, I’m buying a home later this month and am curious if my mortgage application will get denied…
I have enough money for my down payment and closing costs and a month of payments, have 2 steady paying jobs and no debt.
While waiting for closing I’ve been depositing money into an investment account and have show a pretty significant loss of 15k. I’m still capable of buying the house but my question is if underwriters would see this and consider it ‘irresponsible’ and decline the loan application.
Thanks
submitted by /u/LevelWonderful6391
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Buying a home
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I have enough money for my down payment and closing costs and a month of payments, have 2 steady paying jobs and no debt.
While waiting for closing I’ve been depositing money into an investment account and have show a pretty significant loss of 15k. I’m still capable of buying the house but my question is if underwriters would see this and consider it ‘irresponsible’ and decline the loan application.
Thanks
submitted by /u/LevelWonderful6391
[link] [comments]
Buying a home
Continue reading...