Buying a house and explaining deposits to your bank account from offshore gambling

[Enfuego]

Ok
Tell me whats wrong with "Hey I won this money sports betting".

When I originally read this thread I wondered the same thing.

 

[seldomseen]

Is the bank statement deal one of the requirements for the new policies put in place?

No. It's always been a requirement since probably the initial passing of dodd frank. Even if you finance 100% you still need to provide the bank statements to show that you have sufficient reserves. At one time lenders were doing stated income stated assets loans. Can't do those anymore.

Justin if they are asking you to verify all none work related deposits it sounds like either you are doing some type of government loan or maybe they are just incompetent.

 

[JustinCruise]

When I originally read this thread I wondered the same thing.

Well I guess that's part of what i'm asking in the thread. With banks cracking down so hard on offshore is it smart to say that?

I would also think it's not the smartest thing to tell someone you gamble who is loaning you hundreds of thousands of dollars.

 

[Enfuego]

Well I guess that's part of what i'm asking in the thread. With banks cracking down so hard on offshore is it smart to say that?

I would also think it's not the smartest thing to tell someone you gamble who is loaning you hundreds of thousands of dollars.

You don't have to say a word about anything offshore. And, as long as you show your positive cash flow for a set amount of time, they shouldn't have an issue.

 

[JustinCruise]

You don't have to say a word about anything offshore. And, as long as you show your positive cash flow for a set amount of time, they shouldn't have an issue.

They want to see copies of the checks.

Which all come from other countries.

 

[Enfuego]

They want to see copies of the checks.

Which all come from other countries.

I wouldn't know what to tell them. I don't keep that shit.

 

[MattyMatt]

They want to see copies of the checks.

Which all come from other countries.

What's wrong with the banking institution where said checks have been deposited, and where the said 15-20% cash down payment is located?

If you got $60k cash with nice steady income, I wanna keep your business...

 

[shdw01]

Honestly I dont know what the problem is but I dont ever say gambling winnings....mostly because I dont want to look like a degenerate

 

[RoofTop]

Didn't say i'm not getting approved.

But before we move forward at all she needs a papertrail on these deposits

Does she work for company A or company B?

 

[MattyMatt]

Honestly I dont know what the problem is but I dont ever say gambling winnings....mostly because I dont want to look like a degenerate

Just win baby

 

[CHOPTALK]

They want to see copies of the checks.

Which all come from other countries.

Most of the checks come from the USA.

 

[CHOPTALK]

And none of these checks have any link to a sports book.
Its not like you deposited a check that said 5 dimes on it.

 

[packer2012]

If there is a book that sends checks that are not U.S. banks.....

We should sure share this info... would be crazy to play AT ALL with that book.

 

[MattyMatt]

O Canada O Canada

 

[bigtendominator]

The bank statement requirement has been around for a long time. 30 paystubs, never heard of that, who the fuck has their last 30 paystubs?

 

[MattyMatt]

The bank statement requirement has been around for a long time. 30 paystubs, never heard of that, who the fuck has their last 30 paystubs?

Unfortunately my ole lady...

 

[bigtendominator]

Top 10 B school? Which one did he go to and don't give me no IU bullshit. They aren't sniffing the top unless Cuban cuts them a check for $1B

 

[pocketrockets]

Guys, you do realize this is all bullshit?

 

[slapshot]

Tell them it's a gift from a Price you help out by getting his billions out of a US bank

 

[gtc08]

100 replies in less than 24 hrs.

said it once, will say it again, cruise is the mvp of this forum. nobody besides him is getting 100 responses on a thread like this.