Certified Mortgage Processor (NAMP®-CMP)

When analyzing a borrower's bank statements, which of the following would be the BIGGEST red flag for an underwriter?

A large, documented gift from a family member Consistent monthly deposits from a verified employer Several non-sufficient funds (NSF) fees within the last 60 days A one-time large withdrawal for a documented earnest money deposit

Correct Answer:

Several non-sufficient funds (NSF) fees within the last 60 days

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