Tag Archive for: gift of equity

Pre-Approval #s DOUBLE Year Over Year; Gift Of Equity In Lieu Of Down Payment

JVM formally pre-approved 268 borrowers for the purchase of a home in June. This was an all-time record for us and up over 100% from last June, when we only […]Read More

Gift of Equity Instead of Down Payment – When Family Sells to Family

Gift Of Equity This is a reminder that sellers can “Gift Equity” as all or a portion of a down payment. If the entire down payment is a “Gift of […]Read More