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4 creative ways to come up with a down payment – 4 creative ways to come up with a down payment Posted on March 20, 2019 – 01:54 PM by David Milne – Academy Mortgage Many prospective homebuyers face a big hurdle: the down payment.
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Creative Ways to Come Up with a Down Payment. It is an option if you have people that can give you the money. But documentation is very important on this issue. If a parent, grandma or whoever gives you the money, you need to fill out a gift letter, validate it with a copy of the check and your deposit receipt into your bank account.
5 Creative Ways to Come Up With a Down Payment – Yahoo – To purchase a home today, you need a down payment of at least 3.5% of the price. Here are five ways you can come up with a down payment to seal the deal. 5 Creative Ways to Come Up With a Down Payment
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Creative Ways to Pay for Down Payment and Closing Costs – Personal Savings. If you have already deposited the gift into your checking account, it needs to be in there for 60 days before applying for your mortgage, or additional documentation will be required to show the source of the funds deposited. Your personal savings can be used for down payment or closing costs.
Most Popular Things to Do With Your Tax Refund – and How to Do It Smarter – A big tax refund can also be used to help fund the down payment. fund a start-up or an established small business looking to grow; either way, investing in a business can be a creative way.