A question about Source of Funds - If a home is being purchased by two clients, both on the loan offer, but only one is employed and the other doesn’t contribute to savings then do the latter need to provide statements of account?
Edited
The best way to look at the Source of Funds question is to analyse where the funds are coming from - so if it is the case that only one of a couple is making up the purchase price shortfall from their savings account then that is all that we need to know. Once the figures add up, that is the analysis done.
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