Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Gift Money For Mortgage Loan on Home Purchase. That video is uploaded by Premium Mortgage Co at 2022-11-30T17:15:09-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [CInbDVadZ7M]
| Name | Gift Money For Mortgage Loan on Home Purchase |
| Video Uploader | Video From Premium Mortgage Co |
| Upload Date | This Video Uploaded At 01-12-2022 01:15:09 |
| Video Discription | Gift Money - Money that is given to a borrower that is used for down payment and or closing costs. Many first time home buyers use gift money to buy a house. Here is what you need to know about the process: WHO - Any immediate family member, sorry, no friends or cousins WHERE - FHA Loans need the money to come from a bank account / Conventional just needs a cleared or cancelled check SEASONED - FHA monies need to be seasoned 30 days / Conventional does not need seasoning HOW MUCH - Entire down payment and closing costs can be paid by Gift WHEN - ASK US before you do anything or move any money from any gift done. If you have any other questions, please make sure to contact us so we can better help you or walk you through this. Want to learn more about the home buying process? www.ClassOnHomeBuying.com CInbDVadZ7M |
| Category | Education |
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