What is Earnest Money?
Hi, Matt Padgett with Keystone Mortgage here. Today, I want to talk about earnest money. Earnest money is good faith money you give when you’re making an offer or purchase contract. Earnest money should always be written out of your primary checking account so there is a good paper trail for other processes.
If you have any additional questions about the mortgage process, call Keystone Mortgage at 865-909-0211.
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