The Right Way To Take A Cash Gift For Downpayment

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Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

How to accept a cash gift on a mortgageAs lenders tighten mortgage guidelines for Longwood home buyers, minimum downpayment requirements are increasing.  Several years ago, you could finance a home with nothing down. Today, most conventional mortgages require at least 10 percent.

Anecdotally, guideline changes have led to...........

 

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The Right Way To Take A Cash Gift For Downpayment

 

 

 

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