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My hubby got approved for FHA loan with conditions. One of the conditions were "Provide source for amount $2000" My hubby recieved $2000 from his father as a christmas gift. His father does not have the statement for that, so instead his dad wrote a letter explaining that he gave his son the money as a gift and to call if they have any questions. and he signed it. Do you think this will be a problem???
We close on 4/30/09
We need his dad's statement but he doesn't have it. My hubby already submitted his statement
You might need to get the letter notarized with both parties present at the notary.
