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> but you try buying a house and they want proof of the origin of the funds Fannie Mae's assessment criteria for origin of funds has a time limitation. If that
by FireBeyond 1y ago
> but you try buying a house and they want proof of the origin of the funds
Fannie Mae's assessment criteria for origin of funds has a time limitation. If that money has been in an account you control, for forty years, "origin of funds" is not a question. I want to say the cut off is something like 36 months, but it may be even less.
Helpfully, all this information is public: https://selling-guide.fanniemae.com/sel/b3-4.3/verification-non-depository-assets https://selling-guide.fanniemae.com/sel/b3-4.3/verification-...
- tim333 1y agoI'm in the UK. You can kind of get around the regulations but they are still a pain.