Revealig my assets
Cheryl; You want to show as strong of a file as possible, not just enough to cover your cash to close and reserves. Many borrowers (and LO's) think that if they show an abundance of assets, the lender may require more of a down payment. In fact, the opposite is true. If you are only showing six months...

Quitclaim the best way?
Julie; Brad has a good answer below. Another suggestion would be to purchase the property from your Mother under a gift of equity (GOE) that she donates as the down payment. Under the GOE, most if not all lenders will require a 20% GOE since it's not an ams length transaction. The GOE amount will be...

Sounds a little fishy to me too. Maybe she got bored with Facebook or Linkin and satys o 411 now!