Hi, I applied for home loan. In my bank statement there are some coinbase deposits. Now underwriter is asking for those statements. But coinbase statements aren’t clear and I have transferred to multiple crypto exchanges. Did anyone face this issue #crypto #mortgage #homeloan
Request Coinbase to issue letter with the transactions in the last 3 months.
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No. I never declared crypto as an asset for underwriting for this very reason. It’s a hassle.
Even I didn’t declare.. it’s on bank statement.. so they would check last 3 months bank statements..
Is it on the statement as a large deposit or withdrawal? Ugh, that can be a pain to show the paper trail. Guess I never happened to hit this scenario.