Can I Use Gift Money for My Down Payment?

by Jonathan T Webb

Using gift money for a down payment is allowed for FHA, VA, and conventional loans as long as funds come from family and are documented with a gift letter.
The donor cannot expect repayment.
πŸ‘‰ Jonathan Webb Real Estate will help coordinate lender-approved gift documentation.

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Jonathan T Webb
Jonathan T Webb

Agent MS S-59219Tn 380406

+1(901) 619-0253 | sold@jonathantwebb.com

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