Down payment can be gift from a family member if you use an FHA loan

If a home buyer uses a FHA loan for their purchase of a home, all or part of the down payment can be a gift from a family member.  FHA loans currently require just 3.5% down too.

 

Kevin Coyle
MBA, Associate Broker
Kevin@SLCHomeBuyer.com
801-243-0699 (Mobile)
Stonebrook Real Estate

 

 

 

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