As a result it demands for a bank
As a result it demands for a bank account to be established, which is under its control. The cushion is required to make sure there is money in the account to clear [...] A lender account is good from the perspective of the lender. A lender does not really trust you even if he is giving you a home mortgage for hundreds of thousands of dollars. The lender uses the bank account to make sure for the payments certain bills are paid, debts that might otherwise cause the lender problems if they are not paid.
California Real Estate
Information is deemed reliable but not guaranteed.