You must provide a clear paper trail documenting exactly where the cash came from (e.g., bank statements, investment accounts, or a HELOC on another property).
The original closing disclosure must prove that no financing was used for the initial purchase. buy house with cash then get mortgage
To qualify for the exception, you must meet several strict criteria: You must provide a clear paper trail documenting
The purchase must be from an unrelated party (no family members or business partners). buy house with cash then get mortgage