MORT-CASH-001Critical Risk
structuring
Red Flag
Borrower provides a large down payment in cash without a documented source of funds, or the funds are traced to a shell company or nominee account.
Industry
Mortgage Companies
Transaction Type
cash
Customer Type
individual
Category
Regulatory Source
Document:FIN-2012-A002 Mortgage Fraud
Type:FinCEN Advisory
CFR Citation:31 CFR §1029.210
SAR Category:Suspicious activity
FinCEN Key Term:Source of Funds
Last Verified:2026-04-15
This red flag is provided for informational and educational purposes only. It is not legal, regulatory, or compliance advice. Always consult the official source document and a qualified compliance professional for guidance specific to your situation.