Extremely large deposit

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    I was gifted 25k from my grandfather. It’s exactly 50% of my salary. He wants to wire it into my account.

    No we do not need the money. As we already have a decent saving and we have no issues with our payment shock. My grandfather was saving this amount specifically for me since I was born. He knows we’re buying a house and he thought it was a great time to send it. Would this be an issue with NACA?


    If you don’t need it to buy the house you want then wait until after you buy the house. Otherwise a LOE should be fine.

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