Fha loan and settlement check

It shouldn't affect it at all.. but you should call your loan officer and let him know before you do anything.. typically, if you make a large deposit, then the lender will require a copy of the check and a letter of explanation detailing its source.. Now, if you just sold 5 kilos, and are depositing a large amount of "Cash" funds into a disclosed account,,, then as they say.. "Houston, We Have A Problem"!!.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

I agree with the previous reply to this question. You just need to be prepared to paper trail the large deposit, if the funds went into the account your loan officer has in the loan file.