It wasnt known to them when I applied the beginning of April. Then I got my loan commitment letter w/conditions about 2 weeks ago. The conditions were, the fha appraisal, insurance, and most recent bank statement. I dont know why, after they had already seen two months worth.
If I had known all of this prior, I would have still kept the money here at home.We have never been people to always put ALL of our money in the bank. I guess I did thinks out of anxiety. I put the money in 1. well, I wasnt told I couldnt do this 2. my stepfather told me I needed to have reserves and 3. the money was going to be downpayment money, until my mom gifted me the money
I read somewhere on these forums that if you think you are going to be denied, to withdraw your application as the denial stays with you for some time. How long does the denial stay with you? I guess we will know soon enough whether this one thing ruins it, before that we were clear to close next Friday.We had even given notice to the landlord last week. uh-oh