Related FAQs
Learn what a mortgage gift letter is and how it helps lenders confirm that the gifted funds for a down payment or closing costs are not counted as debt. Read more
Learn what a mortgage gift letter is and how it helps lenders confirm that the gifted funds for a down payment or closing costs are not counted as debt. Read more
A collateral mortgage means your home secures the loan as collateral. If you miss payments, the lender may repossess the home or claim ownership of the property. Read more
A collateral mortgage means your home secures the loan as collateral. If you miss payments, the lender may repossess the home or claim ownership of the property. Read more