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Updated almost 5 years ago,
Down payment account seasoning
Hey everyone,
I have my down payment currently sitting in my savings account with Bank X for more than a year now. When I take out a loan, I plan to pay with my checking account with Bank Y. The question is do I need to transfer my money from my savings account in Bank X to my checking account in Bank Y to sit for two months there to be considered seasoned?
Thanks!