U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Old 11-24-2009, 04:17 PM
Location: most beautiful place ever
1,836 posts, read 3,576,734 times
Reputation: 1432


I am currently in process of buying a house. Mortgage Co needs last 2 months of bank statements. I am concerned that one bank account I have has been used as a family acct (parents' savings). It was in my name only. My father depleted the savings by several withdrawals weekly for the casino and using the debit card for the liquor store, convenience store daily. It would possibly appear that I am an alcoholic who shops daily at WaWa.
Will this have any affect on my mortgage? In other words, do they look at my spending habits? If it makes a difference, I am married, both have excellent credit and a 60% down payment. Thank you
(I closed the acct this past weekend and the $$ was never mine, please don't ask why I did this for my parents, I know it was stupid but thought it would help them save)
Reply With Quote Quick reply to this message

Old 11-25-2009, 05:01 AM
Location: Looking East and hoping!
28,227 posts, read 19,623,505 times
Reputation: 2000000873
Stoy-answered you in Camp.
Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 11:24 PM.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top