Sep 4, 2024
10:27:35pm
10:27:35pm
If you are getting a mortgage anyway is a higher down payment more attractive to
a seller? They are getting paid in full by the mortgage company either way, I'm not sure I see what makes a 40% down payment any different than a 20% down payment. Paying 100% is certainly a better deal for the seller because of the speed, but unless you can't qualify for a loan for 80% of the purchase price, why?
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Sep 4, 9:38pm
Sep 4, 9:48pm
Your lender may require your parents to sign something stating that the money is a gift. Borrowing money to cover the
Sep 4, 10:37pm
Sep 4, 10:56pm