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Using Gift Money for a Down Payment, what you need to know




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Title :  Using Gift Money for a Down Payment, what you need to know
Lasting :   4.23
Date of publication :  
Views :   5,1 rb


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Description Using Gift Money for a Down Payment, what you need to know



Comments Using Gift Money for a Down Payment, what you need to know



Victor
Does the donor pay taxes on the gift? I'm confused about that part
Comment from : Victor


Justin Smith
Thanks but could you touch on how a gift funds might effect the terms of the loans in any way, does it help, hurt, the amount you can borrow ?
Comment from : Justin Smith


Tyler Kim
Can a church provide gift funds for closing costs?
Comment from : Tyler Kim


Frank Arias
What about if you just have a prepaid debt card and can't transfer the gift money to the bank for closing
Comment from : Frank Arias


Christopher Carreon
What's it matter whether cash or check giving its money and money talks
Comment from : Christopher Carreon


Montrilla Jones
What happens if the gift funds cashier’s check is a little more than needed? IE if $10,750 is needed but the cashier’s check is for $11,000
Comment from : Montrilla Jones


Ingrid Stewart
Does the gift fund can be applied to closing cost as well?
Comment from : Ingrid Stewart



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