REACH YOUR HOMEOWNERSHIP GOALS

PURCHASE • MORTGAGE • REFINANCE

What Funds Can I Use to Close?

When it comes time to sit down at the closing table to complete your mortgage process, what’s the best way to fund your closing costs and what is not acceptable to use?

In this video, Bill Litton of Cross Country Mortgage will provide you with a list of funding sources that you can use to close and the ones that you can’t. We’ll talk about how to handle things like bridging that gap between selling your home and funding your new one, using money from a business account, and why you can’t use cash.

If you’re going to be purchasing a home soon, make sure you talk with your lender early in the process about how you’ll fund your closing so you can be best prepared for that big day.

 

Here’s some of what we discuss in this episode:

0:00 – Intro

1:02 – Using proceeds from a home sale

3:08 – Business Accounts

3:49 – Sources that can’t be used

 

Schedule a time to meet with Bill here: https://calendly.com/blitton/

GET YOUR FREE HOMEBUYER'S GUIDE

Like this article?

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest

GET IN TOUCH...

484.352.4151

bill.litton@ccm.com

SEND US A QUESTION...