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Down Payment Assistance
Moderators: Mortgage-X

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   Questions from Mortgage Professionals-> Questions about Mortgage LendingMessage format
Posted 12/4/2006 4:38 PM (#1337)
Subject: Down Payment Assistance
I am looking for a list of lenders who will allow gift funds as my down payment. The company that I am wanting to use is telling me that they can work with any conventional loan program that allows down payment assistance. I just do not know who those lenders are?
Posted 4/11/2007 5:53 PM (#1476 - in reply to #1337)
Subject: RE: Down Payment Assistance
Your question is a little confusing.

Are you looking for a lender or are you looking for a list of down payment assistance programs?

If you are looking for a lender, I work for Wells Fargo and we will accept most Down Payment Assistance programs, if you tell me who you want to use, I can tell you if they are on our approved list.

Posted 1/26/2008 10:23 AM (#1703 - in reply to #1337)
Subject: RE: Down Payment Assistance
Posts: 13
This is why talking to a mortgage broker is so important. We have access to all lenders and we can find the ones for you that will accept your gift of equity program.

There are many conforming lenders left and each of them has their own list.

What program are you using for your down payment assistance? Or is it a family member?
Posted 7/1/2008 12:01 AM (#1779 - in reply to #1337)
Subject: RE: Down Payment Assistance
Posts: 10
The mortgage broker you talked to should have a list of those.
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