06/24/2026
If you're planning to use gift funds toward your down payment, here's an important reminder: documentation matters. Lenders are required to verify the source of all funds used in a home purchase to ensure they're legitimate and not another form of borrowed money. A clear paper trail - including a signed gift letter, proof of transfer, and donor verification - helps keep your loan process smooth and compliant.
Before you accept or transfer gift funds, reach out to me for guidance on the proper documentation required. I'll help ensure everything is done the right way from the start, so you don't get stuck in a tight spot.
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