2009 I got approved for a $200k loan without having to show them "checks" or anything like that. They saw the money in my bank account, my tax forms, and my credit score. That should be sufficient imo.
Go to another loan company if they make that big of a deal about it.
Quote:
Originally Posted by watthefrucksafrush
I'm not sure if this is the right place to post this, and if not, I apologize in advance:
I am starting the process of buying a house, using only money earned from Bodog. I get a check every month from Bovada, and an occasional wire (or at least I used to get wires, before the process became unbearable). I met with a loan officer today, and as part of the loan approval process, the officer requested that I (or my bank) provide her with photocopies of all of my checks so that she could 'source' all of them to confirm that they all came from my profession of "professional gambler" (which has been my occupation on my last 3 years' tax forms as per my tax professional's advice). Obviously the checks come from a wide range of places with a wide range of sources. Has anyone else gone through this experience of trying to obtain a home loan based completely on assets obtained through online poker? I am not sure what exactly I should be saying or how delicately I should be explaining things etc. If anyone has any advice, please post here, or PM me if more comfortable. Thanks in advance, and sorry if this is in the wrong spot.