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United States Attorney's Office District of Connecticut
mortgage gifting Release

July 31, 2009

Parents' mortgage gift may trigger tax
Jul 13, 2009 . Parents should consult a tax professional before making a generous mortgage gift to a child.
http://www.bankrate.com/finance/taxes/parents-mortgage-gift-may-trigger-tax.aspx

How To : Cash Downpayment "Gifting" For Homes And Mortgages ...
Jan 30, 2012 . There's a prescribed method for giving and receiving cash gifts for downpayments for a home. You can't just deposit the money into your bank .
http://themortgagereports.com/2669/downpayment-gifts-from-family

Gift Letter | Mortgage Gift Letter | Sample Gift Letter | FCN
Apr 5, 2006 . Want to help a family member make the down payment on a mortgage? Write a mortgage gift letter to make it official. Learn more.
http://www.fivecentnickel.com/2006/04/05/how-to-write-a-mortgage-gift-letter/

Gift money loophole? (loan, approval, foreclosure, loan) - Lenders ...
Jan 25, 2009 . Hi there! My husband and I have been looking to buy a house/condex for years, and now we can definitely afford it. My parents are gifting us .
http://www.city-data.com/forum/mortgages/547877-gift-money-loophole-loan-approval-foreclosure.html

Avoiding Taxes on a Gift of Equity - The Mortgage Professor
Lenders will accept a gift of equity, defined as sale price below current value, as the equivalent of a cash down payment. Gift taxes can usually be avoided by .
http://www.mtgprofessor.com/A%20-%20Down%20Payment/how_can_i_take_advantage_of_an_equity_gift.htm

Down Payment with Gift Letter | Mortgage Reference Library
Down Payment with Gift Letter. If you are a first time home buyer who has been out shopping for that dream house, you've probably already heard your real .
http://www.brokeroutpost.com/reference/82040.htm

Gift of Equity | Mortgage Reference Library
If you are thinking of purchasing a home from a family member or a relative, a gift of equity can help you with the down payment. The lender will normally require .
http://www.brokeroutpost.com/reference/37518.htm

FHA Mortgage: When Your Downpayment is a Gift
fha mortgage: when your downpayment is a gift by judi moore < Financial Services < FHA Mortgage: When Your Downpayment is a Gift.
http://www.zeromillion.com/financial-services/fha-mortgage-when-your-downpayment-is-a-gift-by-judi-moore.html

From parent to mortgage lender: Helping a child buy a home
Mortgage loan officers say this practice can help young borrowers get into homes they could otherwise not afford. They also say that gifts from parents and .
http://www.homesbymarco.com/news/Article.asp?intSectionID=3&intWriterID=4&intArticleID=1543

Paying Gift Tax on Mortgage Balance Payoff
My father wants to pay off the balance of my mortgage ($65000) but we are concerned with paying gift tax on such a large amount. Is there any way to do this .
http://qna.mortgagenewsdaily.com/questions/paying-gift-tax-on-mortgage-balance-payoff

Best Closing Gifts for Realtor and Mortgage Companies ...
We recently designed a program for a mortgage company that was designed to create good will with the client. As an added bonus, the Realtor name was .
http://www.professionalgifting.com/2012/02/best-closing-gifts-for-realtors-and-mortgage-companies/

The Mortgage Porter: Gifts from the Bank of Mom and Dad - Part 2 ...
Mar 12, 2010 . Often times when gifts from family members are involved, borrowers my opt to use FHA financing since the guidelines are (currently) more .
http://www.mortgageporter.com/reportingfromseattle/2010/03/gifts-from-the-bank-of-mom-and-dad-conventional-financing-.html

Gifted Down Payments - Not Everyone Can Gift you Money for your ...
Feb 16, 2010 . http://MortgagesInVancouver.com When you hear of "gifting" down . If you apply to a bank for a mortgage and want to use a Gifted Down .
http://www.youtube.com/watch?v=0HMYI4B16T8

Taxes Due on Gift Money? - Redfin Real Estate Forums
Jan 6, 2012 . We've found ourselves in a bit of a strange situation with our mortgage. I have a line out to an accountant about this, but I wanted to see what .
http://forums.redfin.com/t5/Mortgages/Taxes-Due-on-Gift-Money/td-p/283671

gifting my son 7500 toward his mortgage down payment. why ...
Sep 30, 2010 . Question - gifting my son 7500 toward his mortgage down payment. why. Find the answer to this and other Real Estate Law questions on .
http://www.justanswer.com/real-estate-law/420jo-gifting-son-7500-toward-mortgage-down-payment.html

Gifts as a Down Payment | Dynamic Mortgage
As your mortgage lender, we can help you find creative ways to come up with your down payment. Using a gift for your down payment. One way to fund a down .
http://www.trustdynamic.com/component/content/article/6/29-gifts-as-a-down-payment.html

Citizens are encouraged to report any suspected mortgage fraud activity by calling 203-333-3512 and requesting the Connecticut Mortgage Fraud Task Force, or by sending an email to home.

Giving the Gift of Equity Using Reverse Mortgage
Mar 4, 2011 . Inheritance is an interesting issue. It is important to preserve enough money and assets to fund your lifetime needs, but what is that amount?
http://activerain.com/blogsview/2169688/giving-the-gift-of-equity-using-reverse-mortgage

Is it a gift or mortgage fraud?
Jul 8, 2011 . A monetary gift from friends or family can make the difference in whether or not you qualify for a mortgage. But you must present your lender .
http://library.hsh.com/articles/first-time-homebuyers/is-it-a-gift-or-mortgage-fraud.html

For more information on avoiding foreclosure and foreclosure scams, click mental health services private insurance.

More information on mortgage fraud can be found at mortgage gifts.

 

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Don't let down-payment gifts delay mortgage loan - MarketWatch
Dec 19, 2011 . CHICAGO (MarketWatch) Coming up with a down payment is often a first-time home buyer's biggest challenge. That's why many of them get .
http://articles.marketwatch.com/2011-12-19/finance/30708861_1_payment-freddie-mac-mortgages


Tom Carson
(203) 821-3722
mortgage gillette wyoming

 

 

 

 

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