Can I get an investment property loan and use gift money as part of my down payment?

jimmy dankha | Oct 11, 2018 | Category: Mortgage lender in Pontiac, Michigan

United Wholesale Mortgage (UWM) - Main Campus - All questions

Address: 585 S Blvd E, Pontiac, MI 48341, USA

United Wholesale Mortgage (UWM) - Main Campus | Oct 11, 2018

Hi Jimmy, Conventional loans do not allow gifts to be used for the down payment when purchasing an investment property.

Brandon M | Oct 11, 2018

No

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