What does trustee audit consist of?

[start-n-over]

Well the light is really big as I send in my LAST payment first week of May. They will also get my taxes as soon as my checks arrive. We are not 100% payback if that makes a difference. My question is: I need to deposit gift money from my dad for the house we have been approved for. They need it to be seasoned money. I don't think they check your accounts do they? The home won't be ready until august. When would it be safe to do this or should I put it into ING or a fund of some sort. Can I deposit a check of 6K without a problem if I wait until June? I figure with 4 months of 1500 extra and the stimulus rebate check of 1500 we will have a cushion.

And it is a FHA at 5.5 % fixed for 30 years not one of those loans that get people in and then jack up.

The home is brand new and 30,000 off with closing costs of 3K paid by builder.

[Pumpkin729]

Well the light is really big as I send in my LAST payment first week of May. They will also get my taxes as soon as my checks arrive. We are not 100% payback if that makes a difference. My question is: I need to deposit gift money from my dad for the house we have been approved for. They need it to be seasoned money. I don't think they check your accounts do they? The home won't be ready until august. When would it be safe to do this or should I put it into ING or a fund of some sort. Can I deposit a check of 6K without a problem if I wait until June? I figure with 4 months of 1500 extra and the stimulus rebate check of 1500 we will have a cushion.

And it is a FHA at 5.5 % fixed for 30 years not one of those loans that get people in and then jack up.

The home is brand new and 30,000 off with closing costs of 3K paid by builder.

Wow, you have a FHA LOAN APPROVED ALREADY? That's a great rate! May I ask who you are going through for the loan??