Charleston · Buying
Can I use gift money for a down payment in Awendaw?
Gift money can go toward a down payment in Awendaw as long as the lender receives a signed gift letter confirming the funds don't need to be repaid, along with documentation showing where the money came from. Different loan programs have their own rules about how much gift money counts and from whom. A lender can confirm exactly what an Awendaw buyer's specific loan program requires before the gift is wired.
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