Continuous Large cash deposits

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    frankysmom
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    Hello

    I know cash deposits over $100 must be explained and it just hit me that we might be denied because of it.

    Our roommate has paid us $600 in cash for most of 8 years. Will the stream of cash deposits cause a denial? We already submitted a LOE.

    Should we request money order payment going forward? We have one credit to take care of before we can be qualified in 6 weeks per our MC.

    Would the prior cash funds be seasoned enough to count towards income? Last cash deposit was in May. Our follow up will be in August.

    Thanks.

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