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Who can "gift" you a down payment, and how are those gift down payment funds verified? (S5 E16)
Manage episode 313280620 series 3264821
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Realtor John V. Pinto and Abel Fregoso, Senior Loan Officer at Homebridge Financial Services, talk about the ins & outs of having a blood relative assisting in your purchase of a home. They can give a "gift" of some, and in some cases, all, of the down payment you need. Find out what kind of paperwork the lender will want to see.
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