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Downpayment from Gift Funds for 95% Conforming Loans
Downpayment from Gift Funds for 95% Conforming Loans
We now offer 95% conventional loans (5% down) up to $417K with the entire down payment can be from gift funds. 
Recent upgrades from our PMI providers make this new option available.   Fannie Mae and Freddie Mac lifted their Gift Fund resctrictions last year.   The gift funds do have to be sourced,  be from an immediate family member, and be documented. We can help guide you in the process to make sure this is handled correctly. 
We allow gift funds for 5% Down Conforming Loans  on Single Family Residences and Condominiums up to $417K. 
We offer this program in all of our states,  CA, GA, IN, MA, MI, VA, WA, and WY as a Direct Lender.
Give us a call today to get started.   866-900-2342 toll free direct. 
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