sangfnsgfsd
Brett's Mortgage Blog

How To Give Option Money On A Lease Option…

When you give someone option money at the onset of a lease option agreement – you are going to have to prove you gave that money when you get a loan to buy that house.

How do you prove it?

If it’s certified funds you need to keep a copy of the certified check.

If it was a personal check – you need to keep a copy of the cancelled check (front and back).

Don’t give cash!

Anything less than this – the underwriter will not give you credit for giving that money.

That’s it for today!

Have a good day today! …and thanks for reading.

Brett

Get Pre Approved For A Loan Here.

My Previous Blog Posts

Brett Sampson

Recent Posts

How To Get A Loan With Foster Care Income…

If you receive money from the State or a County sponsored organization for providing foster…

17 hours ago

How To Pull Cash Out Of Your Rental Property With No Proof Of Income…

Do you have investment property, and would like to pull cash out of your property?…

6 days ago

How To Buy Rental Property Without Proving Income…

I wanted you to know about a mortgage program that doesn’t require any income documentation…

1 week ago

No Down Payment? No Problem…

The bad news is that according to Redfin, 38% of U.S. renters don’t believe they’ll…

2 weeks ago

Free Down Payment Money Available For These Professions…

I wanted to let you know we have a 2% to 5% downpayment and closing…

2 weeks ago

Fix And Flip Financing Is Available For You…

Wanted to let you know we have fix and flip financing available to you. Here…

3 weeks ago