@Tod ********
great answer ... for the funds, actually it's 90 days ... the first 60 days is the proof of funds ... the last 30 days is the time it takes to process the extension ... during the processing period .. it's better to keep the funds in the account , ... one more thing to keep in mind .. they normally visit the family during this 30 days of processing, during this visit, they will check the property and take some photos of the whole family and have a little bit of chat with every member of the family ... better be ready for such visit, because it makes the whole process much more easier for them to decide wither to grant the exemption or request more documents.. happened with me more than once and I was granted the exemption with no question.