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Updated almost 7 years ago on . Most recent reply

Seasoning Heloc funds for Conventional Mortgage
Hello All,
If I wanted to season heloc funds for a 7/30 closing date on a rental property with conventional 20% financing, when would the funds need to be in my account by? Is it 60 days prior to closing or 60 days prior to my mortgage application? Or two monthly bank statements?
Thanks!
Most Popular Reply

@Matt Leber You don't need to seasoned funds from HELOC. You can provide statement from HELOC and lender will mark funds are coming from HELOC.