Limitations on Gifts of Equity Lending

Опубликовано: 18 Декабрь 2024
на канале: Nicole Rueth

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Blessed with a Gift of Equity? Know these loan-specific pitfalls before you get started.

Gifts of Equity need to come from family.. even though a friend or employer can give other gifts when buying a home.

There are also other idiosyncrasies for FHA, Conventional and VA when using gifts of equity. If you are looking to buy a home from a family member, make sure you are working with a lender who understands the pitfalls.

Real Estate financing in a way that builds long term wealth is what our team does best! Want to learn more about how to utilize real estate in your investment plan? Give me a call today to get started! We want your success as much as you do!

Nicole Rueth
The Rueth Team of Fairway Independent Mortgage Corporation
750 W Hampden Avenue
Suite 500
Englewood, CO 80110
303-214-6393
www.TheRuethTeam.com

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