Reserves stay as cash deposit and earn no income.

Sharestates demanded an upfront $495 deposit per property, about $3,000 before even approving the loan.

Personally though, I’d suggest sticking to your normal screening protocol and deposit requirements.

If they disagree you part ways with proper notice What is your plan for the security deposit? 

.- If Spouse A can prove that Spouse B has paid 100% of the mortgage on-time for 12 months from purely segregated accounts (NO deposits from Spouse A into B's account), then Spouse A can have the mortgage excluded from DTI.

It has links to your state laws so you can (and should) read them for yourself but it also includes summaries of important laws like how to handle security deposits or evict tenants for failure to pay rent.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

The FinancialsPurchased our "starter home" brand new in 2010 for $166,490Zestimate is currently at $281,510Mortgage Outstanding Principal balance is $137,331.69Monthly Payment (PITI) is $1,159.24Rent Zestimate is $1,625 /moIn case it's relevant, our budget for a new home is $450K and we have 25% saved for deposit.

They use direct deposit for all tenant rents and over-communicate with me regularly.

We thought that might still be okay, so we looked at other loan options and realized the only other way was for me to put down about $6,000 in total for closing costs, deposits, inspections and surveys.