Archive for: November 24, 2006November 24, 2006 Mortgage Broker Company - Stocks And Bonds For Your Down Payment For Your Mortgage?If you plan on using stock etc. for your down payment you will need to provide the lender with proof of your stock. You can provide them with the statements you receive from the brokerage firm. You will probably need … Mortgage Broker Company - What Do You Mean I Can’t Borrow Money From My Family For A Down Payment For My Mortgage?Was this title long enough for you? Can family members be of assistance? sure! but - your lender requires it to be in the form of a “gift”. Your lender does not want to know that you need to pay this … Mortgage Broker Company - Borrowing To Come Up With Your Down Payment For Your MortgageOK just so you know, you aren’t allowed to borrow money to come up with your down payment. Except - if the loan will be secured by some other asset. What do I mean - if you take out a home … |
