True. Trust me, I get it. But cash is considered “mattress money” and simply cannot be used in accordance with current regulations and lending laws. I had a client who had $500,000 cash he had been saving up and couldn’t use a dime of it. To say he was mad is an understatement. Stick it in a bank today and let it season for longer than the 60 day look back period.

Another way to look at it in the lending industry is if I were to ask you this questions: “Are you a drug dealer?” NO? Then why look like one? LOL. The Patriot Act impacts the lending industry protecting against money laundering, drug dealing, and terrorism. So no, you can’t use cash, cash.

But call me. I know how to help