Скачать или смотреть Can I use Gift Money for my Mortgage Down Payment?

Sometimes we receive gift money from friends and family. Can this money be used for a Mortgage Down Payment?

Many times, homebuyers do not have the funds for a down payment on a house. Is it possible to have someone gift you the money for your mortgage down payment?
Angelo explains exactly what is allowed.

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Proudly Serving America since 2005. Billions Funded.

We Specialize in FHA, VA, USDA, Conventional, Jumbo, Heloc, Multifamily, Private and No doc Mortgages.

⭐ Angelo Christian and funding partners cannot guarantee what terms you will get nor guarantee that you will receive a funding commitment. Our company makes best efforts to qualify you for the best loan that you qualify for in the marketplace. In the end, it’s up to you meet the lender requirements.

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“CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”

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