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Old 11-24-2009, 04:17 PM
 
Location: most beautiful place ever
1,836 posts, read 3,483,210 times
Reputation: 1430

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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)
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Old 11-25-2009, 05:01 AM
 
Location: Looking East and hoping!
28,227 posts, read 19,219,731 times
Reputation: 2000000848
Stoy-answered you in Camp.
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