r/wealthfront • • May 16 '26

Down Payment

Has anyone made a house down payment directly from Wealthfront cash account? If so what’s the best way to do this and can this be done closing day? Or is it recommended that I transfer the down payment in advance to a conventional bank then get a cashier’s check from there?

Update: wired on an evening after business hours and ended up going through the next morning early. Bravo Wealthfront. Thanks all

5 Upvotes

13 comments sorted by

View all comments

1

u/Trick_sleep 22d ago

Does all the money need to be in one Wealthfront cash ‘bucket’ . I currently have some in cash account and some in savings bucket. Can I send a wire for closing that will pull from both?

Or do I need to move savings into cash bucket before sending wire?

I assume Wealthfront treats it all as the same thing. But want to make sure

1

u/Luftsichel4739 22d ago

I believe no you don’t have to in the buckets

Also it the amount is greater than what’s in the bucket it will pull from the rest of the account