09/03/2026
Large or unexplained deposits can raise questions during the mortgage approval process. ๐ฉ
Lenders may need to verify where your funds came from - especially if youโre using that money for your down payment, closing costs, or to qualify for the mortgage.
๐ฐ๏ธ Transactions that may require additional explanation include:
- Large cash deposits with no clear paper trail
- Unexplained deposits from another person or account
- Frequent transfers between accounts
- Large withdrawals or unusual movement of funds
- Money that suddenly appears in your account before applying
Keep your finances as consistent and transparent as possible when getting a mortgage. If youโre expecting a large deposit or transfer, talk to your mortgage agent first and keep documentation showing exactly where the money came from.
Need mortgage help? Call Brevity Capital today!
๐ (905) 814-4455
โ๏ธ [email protected]