Asked by Lj, 77469 • Fri Jul 13, 2012
If you are closing on a house and you are short, can you overdraw your bank account and bring that to closing for the closing cost? Or will the mortgage lender find out and deny your loan? I might have to overdraw my account by $1000 to pay for closing because I am short. I can get a cashiers check if my account is overdrawn because I am presenting cash.
Will the mortgage lender find out, or no, because if i do it the day of closing, the overdraft would not yet have posted?
Real Estate in Richmond
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