gifted

gifted is given and i in reference to a money or funds that from one person to another one with no conditions of repayment

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    Gifted down payment

    ByJesus Del Rio

    Gifted down payment Gifted down payment are funds given to a mortgage applicant by an immediate family member to be used to qualify for a mortgage or simply to lower the mortgage amount. It is a very common and popular mechanism used by parents or siblings to support their family members financially without expecting the support being…