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What does "proof" of funds and "seasoning" of down payment mean? (S5 E17)

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Manage episode 313280619 series 3264821
Content provided by John V. Pinto, Realtor and John V. Pinto. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John V. Pinto, Realtor and John V. Pinto or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Realtor John V. Pinto and Abel Fregoso, Senior Loan Officer at Homebridge Financial Services, discuss what used to be known as "Verification of Deposit & Proof of Funds". What are "seasoned funds"? How are bank account, stock and IRA/401K statements looked at by a lender?

  continue reading

137 episodes

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Manage episode 313280619 series 3264821
Content provided by John V. Pinto, Realtor and John V. Pinto. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John V. Pinto, Realtor and John V. Pinto or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Realtor John V. Pinto and Abel Fregoso, Senior Loan Officer at Homebridge Financial Services, discuss what used to be known as "Verification of Deposit & Proof of Funds". What are "seasoned funds"? How are bank account, stock and IRA/401K statements looked at by a lender?

  continue reading

137 episodes

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