Watch the video below to learn what underwriters need to see — and how to prepare your earnest money deposit documentation correctly.
Your earnest money deposit shows that you’re financially committed to the purchase and that the funds used came from an acceptable, verified source.
Lenders must document where the money came from and confirm that it cleared properly before your loan can be approved.
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This protects you and prevents delays before closing.
From the title company, escrow company, or attorney.
Bank statement or transaction history showing the withdrawal.
Buyer name should match the loan application.
If funds came from a business account, gift, or another person, tell us upfront.
These are difficult to source and often cause delays.
Screenshot of a wire or Zelle only (no receipt)
Receipt missing buyer name or property address
Funds not cleared yet
Deposit coming from an unverified account
Cash deposits
Mismatch between deposit amount and contract
