I don't think lender will approve the loan

I remember lenders allow seller pay portion of the closing cost, but not the down payment. Myabe some bank does. But anyway, I personally think gift money is fishy.

If you really want to make the deal work, try seller carry-back. You can give him low interest rate to make the deal work. Make sure you will be on 2nd position on the trust deed to protect your interest in the house.

所有跟帖: 

bank does not know. Bank saw the 20% downpayment, in fact just p -PA_FARMER- 给 PA_FARMER 发送悄悄话 (46 bytes) () 06/20/2008 postreply 09:40:20

请您先登陆,再发跟帖!