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Will my Facebook marketplace sale kill my loan?
I'm preparing to move and I'm not taking a lot of my current items. I've started selling them on Facebook marketplace. I have a lot of nice items and I'm hoping to make aboubt $5,500 after selling everything. My agent is getting upset and telling me my loan could get pulled because of this?! Is this possible? I don't want to move with these items and I was hoping the sale of them could cover some of the costs of closing and moving.
Asked By Meg | Chicago, IL | 37 views | Finance Legal Info | Updated 3 days ago
Answers (8)
Amanda Courtney
REP Realty Group
Selling items for cash won't kill your loan, but depositing large, undocumented cash sums will. In 2026, underwriters flag any deposit over $500 that isn't a paycheck. If you sell your furniture, keep the cash in a safe until after you close; if you must deposit it, you need a written "Bill of Sale" signed by the buyer to prove it isn't a new "undisclosed loan."
- 3 days ago
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Jordana Jared Proctor
Keller Willams Westfield
ISelling personal items is fine, you just need a paper trail. Keep screenshots of listings, messages, and payments so you can show where the money came from. Also, don’t move large sums around without checking with your lender first. It’s less about the sales, more about how it shows up in your accounts.
- 3 days ago
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Emily Matthews
RE/MAX Universal Realty
If there are unexplained deposits, underwriters do not like that. Get receipts for everything
- 3 days ago
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Jacquelyn Giordano
REMAX Realty One
How to protect yourself:
- Avoid depositing large amounts of cash all at once.
- Keep records of every sale (screenshots, messages, listings).
- Tell your lender upfront what you’re doing.
- Use traceable payments (Venmo, bank transfer) instead of cash.
Your loan likely won’t get “pulled” just for selling your belongings—but poorly documented deposits absolutely can complicate or jeopardize closing.
- Avoid depositing large amounts of cash all at once.
- Keep records of every sale (screenshots, messages, listings).
- Tell your lender upfront what you’re doing.
- Use traceable payments (Venmo, bank transfer) instead of cash.
Your loan likely won’t get “pulled” just for selling your belongings—but poorly documented deposits absolutely can complicate or jeopardize closing.
- 2 days ago
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Becky Roenspie
Roenspie Johnson Real Estate Group
I can't think of one reason why this would affect your loan. I am not in your state but that seems very strange. Unless your agent is worried about you depositing money into your account, you have to explain that to your lender sometimes. Talk to your lender about it instead of your agent. The lender would be happy to talk to you about it.
- 3 days ago
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Anna Mcgoogan
Remax Select
This is very unusual. The one thing I can think of is if you are depositing a large amount of money without being able to trace it, this can raise questions. I would just disclose that you are selling some items with your lender and clear it with them and there should be no issue. Another option would be to refrain from selling those items until after closing if it is causing an issue.
- 3 days ago
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Wesley Hoffman
LoKation
The only thing I can think of is that your agent may be thinking that you are buying things. I would make sure that you document your sales of each item and make the deposit of each item separately so the lender will be able to easily account for the deposits.
- 3 days ago
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Becky Groe
Coldwell Banker Realty, Colorado Springs
This is actually a very common situation when buyers are preparing to move, and the issue usually isn’t selling your personal items; it’s how the money shows up in your bank account during the loan process.
Lenders are required to review your bank statements before closing, and they may ask about any large or unusual deposits. Their goal is simply to verify that the money is not borrowed and does not create new, undisclosed debt.
Selling personal belongings like furniture or household items typically does not hurt your loan by itself. The important part is being able to document where the money came from if the lender asks.
Some good best practices would be:
• Let your lender know ahead of time if you plan to sell items
• Keep screenshots of your Facebook Marketplace listings
• Keep messages or receipts showing the sales
• Avoid depositing large amounts of cash without documentation
• Be prepared to write a simple explanation if needed
Many buyers do sell items before moving, and as long as everything is documented and communicated, it usually isn’t a problem.
If your goal is to use those funds toward closing or moving costs, your lender can also advise you on how to document the deposits properly so there are no delays.
You’re doing the right thing by asking first during the loan process it’s always best to check before making financial moves so everything stays on track.
Lenders are required to review your bank statements before closing, and they may ask about any large or unusual deposits. Their goal is simply to verify that the money is not borrowed and does not create new, undisclosed debt.
Selling personal belongings like furniture or household items typically does not hurt your loan by itself. The important part is being able to document where the money came from if the lender asks.
Some good best practices would be:
• Let your lender know ahead of time if you plan to sell items
• Keep screenshots of your Facebook Marketplace listings
• Keep messages or receipts showing the sales
• Avoid depositing large amounts of cash without documentation
• Be prepared to write a simple explanation if needed
Many buyers do sell items before moving, and as long as everything is documented and communicated, it usually isn’t a problem.
If your goal is to use those funds toward closing or moving costs, your lender can also advise you on how to document the deposits properly so there are no delays.
You’re doing the right thing by asking first during the loan process it’s always best to check before making financial moves so everything stays on track.
- 2 days ago
- Helpful (0)
- Unhelpful (0)
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