Delayed financing POF

[Joe Bruck]

When doing delayed financing on a cash purchase will the lender require the earnest money deposit 

be stated explicitly on the wire transfer note/receipt that its a emd for the property being financed?

[Harjeet Bhatti]

@Joe Bruck You have to provide  all the cash transaction proof  by paper trail of  2 month bank statements showing money was seasoned or if used personal loan  that paper trail  whether it was as EM check or final payment .  Generally lender do not ask for EM check proof unless this was huge payment of total purchase price.