I'm trying to buy a 135k house and the mortgage lenders want a couple bank statements to see how much money I've got. I have about 5k in the bank and 10k in cash. However, I have to pay my 2019 taxes so there will only be 1k in the bank which looks pretty terrible. How can I deposit the cash and make sure they are OK with it?
Is there a way around this? Or will I be unable to buy a house until I get more paychecks from work to increase my checking account balance?
All the lenders are telling me that they don't want to see cash deposits but I have a lot of cash I need to deposit somehow...
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source https://www.reddit.com/r/RealEstate/comments/ewy4os/trying_to_purchase_a_house_lenders_want_to_see/
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