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Franklin Graves
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Fannie Mae 60 day rule bank statements

Franklin Graves
Posted

My partner and I just closed on the sale of a property we owned and the money is being deposited into our joint llc account. We are in process of buying another home and sellers underwriter is asking for  60 day statement of our joint llc account. Our problem is that the account closed due to inactivity because we didn’t have money in business checking account and we reopened it. Is their any exception like a bank time stamp or letter that can get around the 60 day proof of statements needed for Fannie Mae?

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