Video Transcript:
Many foreign buyers think American lenders don’t trust their money. That’s not the real reason. Lenders follow strict federal rules to avoid very big problems. I am David Ghazaryan, and I structure these home purchases every day. Lenders are not just checking you; they are checking your money’s story for them. A key idea is letting your money sit quietly. This is ‘seasoning.’ Money in a US account for sixty days becomes easier to prove and verify. (Data may vary over time) When your money is seasoned, lenders stop looking at its foreign history. Their main focus shifts to your clean US statements, which simplifies their job greatly. If you don't season funds, lenders protect themselves from currency changes. They will only count a part of your money, maybe ninety percent, creating a shortfall. This process is one part of a complete financial structure. Follow my analysis on social platforms and read the full article through the links in the description.
Read Blog Here: https://www.iqratemortgages.com/blog/why-lenders-scrutinize-foreign-assets-for-florida-jumbo-loans
