Conventional Loan Question: Can gift funds come from trust or estate accounts?
No. Gifts must come from individuals related to the borrower.
Trusts and estates do not meet the gift donor requirements.
Hope that helps. Feel free to contact me if you have any questions at 949.667.2887 or info@hightouchlending.com.
- Brian Nguyen is a senior loan consultant (NMLS 659743) who learned more about this stuff than he ever intended to. The opinions expressed here are solely his own.
Almost done…
We just sent you an email. Please click the link in the email to confirm your subscription!
OKSubscriptions powered by Strikingly