|This web site is a participating member of the Privacy Partnership.
Any information you provide is confidential. Please read our Privacy Statement.
Aliso Viejo, Anaheim, Anaheim Hills, Balboa Island, Brea, Buena Park, Cameo Shores, Capistrano Beach, Corona Del Mar, Costa Mesa, Coto de Caza, Cypress, Dana Point, Dove Canyon, Emerald Bay, Foothill Ranch, Fountain Valley, Fullerton,Garden Grove, Huntington Beach, Huntington Harbour, Irvine, Irvine Cove, Laguna Beach, Laguna Hills, Laguna Niguel, La Habra, Lake Forest, La Palma, Lemon Heights, Los Alamitos, Midway City, Mission Viejo, Modjeska Canyon, Monarch Beach, Newport Beach,Orange, Placentia, Portola Hills, Rancho Santa Margarita, Ritz Cove, San Clemente, San Juan Capristrano, Santa Ana, Seal Beach, Silverado Canyon, Stanton, Sunset Beach, Surfside, Trabuco Canyon, Tustin, Villa Park, Westminister, Yorba Linda
What Is An Exclusive Buyers Agent?
What Can An Eba Do That Others Can't?
What Are Fiduciary Duties And Why Are They Important?
The Secret Big Corporations Have Known For Years
Our Standards Of Practice - Exactly What We Will Do For You
What Others Say About Buyer Agency
Should You Use The Agent Who Sold Your Home As Your Buyers Agent?
Take Some Confusion Out Of The House Hunting Process
Purchasing a Home? Some Things You Should NOT Do.
Don't make any major purchases such as a new car, expensive electronics or appliance, or anything else that you cannot pay cash for. The extra payments may prevent you from getting a loan.
Don't move money from one account or investment to another. One of the things a lender is concerned about is the source of funds for your down payment and closing costs. The lender will ask for statements for the last 3 months for all your bank and investment accounts and even your company 401K and retirement accounts.
Lenders like to see what is referred to as "seasoned money", that is, money that has been accumulating in an account over a period of months or years. If your bank account has a large deposit that was made less than 3 months ago they may think the money was a loan from a relative who is trying to help you qualify for a loan. Then you will have to prove where the funds came from which can be a time consuming process.
Please, leave your money where it is until you talk to a loan officer. And don't move a significant amount around without letting the lender know about it in advance.