How to document the gift (a mortgage gift letter). The rules are different ... Gift money from people you know, like a check from your parents, is considered a personal gift.

Contributing funds toward a home can be a big help for your child, as long as you document the gift correctly.

Text Callout : Key Takeaways - Gift Letters For Your Mortgage: What You Need to Know Making a down payment on a home purchase can be a significant investment. If you're lucky enough to have ...