Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

At what time in the mortgage process does a Foreign National transfer funds to the U.S.?

April 26, 2017foreign funds mortgage National process time transfer

0

0 Posted

At what time in the mortgage process does a Foreign National transfer funds to the U.S.?

1 Answer

0

0 Posted

A. Funds must be transferred to a U.S. bank account along with the required reserves two weeks prior to closing. We strongly advise that an automatic debit be set up for your mortgage payments to ensure the payments are not made late.