<prompt> Human: Looking for someone financially savvy for assistance. Okay, so my girlfriend is super Korean, and Im super white. Her parents came to the USA 28 years ago w basically nothing and have had a couple of failed business ventures. Theyve rented all of their lives, but now my gfs mom is hellbent on buying a house... except neither of them can afford itthey have basically no credit. My gf only makes about 35k, her mom makes money under the table, and no one knows what her dad does for moneyhow much because hes super shady because of the failed businesses in the past. So her mom came up with this genius idea: use my gfs income and credit to get approved for a house loan, borrow the 30,000 down payment from her brother and pump it into my gfs bank account, borrow 10,000 additional from other sources to pay down my gfs debts so she has none when they apply for the loan... sounds fiscally responsible, right? So, I get that this is a bad idea, but my gf is trying to be supportive of her mom and her all I wanted since I came to America was to actually own a home attitude. What are the negative implications of this? Can she be audited by the IRS? Can this be labelled as fraud? Or is the worst case scenario the bank simply approvesdeclines the loan application and she has to live with knowing her parents have absolute control of her credit?  <response>: No way a random 30k deposit into the account immediately prior to applying for a mortgage will go unnoticed. Loan officers do this for a living. 