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When Do You Need a Gift Letter for Mortgages
Here's everything you need to know about mortgage gift letters if you're getting the gift of a down payment toward your home.
Clever’s Concierge Team can help you compare top local agents and negotiate better rates.
Clever’s Concierge Team can help you compare top local agents and find the best expert for your search.
Doug Whiteman is the editor-in-chief of MoneyWise.com. Previously, he was a senior editor with Bankrate.com, and before that he was a reporter and editor for The Associated Press and the consumer news editor for AP Radio. He has been quoted by The Wall Street Journal, USA Today and CNBC.com and has been interviewed on Fox Business, ABC Radio Network and the syndicated TV show "First Business."
Here's everything you need to know about mortgage gift letters if you're getting the gift of a down payment toward your home.