Mortgage deposit

Hi- we are 3 weeks out from closing on our house. The mortgage company (draper and Kramer) just asked for a $650 deposit. We have been pre-approved and are just about in the underwriting process. It said this $650 deposit goes towards closing costs. Is this normal? With our last house I don’t remember having to do this (we had our previous loan through George Mason). TIA!

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Hi- we are 3 weeks out from closing on our house. The mortgage company (draper and Kramer) just asked for a $650 deposit. We have been pre-approved and are just about in the underwriting process. It said this $650 deposit goes towards closing costs. Is this normal? With our last house I don’t remember having to do this (we had our previous loan through George Mason). TIA! submitted by /u/Takingbackmonday1006 [link] [comments]

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