What Is A Cd When Buying A House

When you are buying a house, one of the things you will need to do is get a loan. Part of that process will involve getting a certificate of deposit, or CD. This is a document that shows the bank has money to lend you. It’s a guarantee that the bank will get its money back, plus interest.

The certificate of deposit is a document that shows the bank has money to lend you.

When you are buying a house, the bank will want to see a certificate of deposit, or CD. This is a document that shows the bank …