How to Use Gift Money for Your Home Purchase | Homespire Mortagge

Unlocking the Power of Gift Money for Your Home Purchase! 💰🏡 Don’t miss out on this valuable resource! Here’s a quick guide to get you started:
🎁 Receiving the Gift: From family members to, in some cases, friends, learn who can contribute!
💼 Gift Limits: Know the restrictions to maximize your benefits.
📝 Documentation: Get your paperwork in order with gift letters and proofs.
💸 Using the Gift: Down payment, closing costs, or reserves - explore your options!
💡 Tax Tips: Understand the tax implications with expert advice.
📞 Communicate: Stay in touch with your lender every step of the way.
With the right knowledge and support from Homespire, you can turn gift money into your dream home reality! 🏠 Got questions? We’ve got answers. Reach out today!
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Homespire Mortgage Corporation. Equal Housing Lender. All Rights Reserved. NMLS ID # 183215.
Corporate Office: 9711 Washingtonian Blvd., Suite 500, Gaithersburg, MD 20878. 1-800-531-5395 This is not an offer for a loan or any type of extension. Eligibility for a loan or extension of credit from Homespire Mortgage Corporation is subject to completion of a loan application, credit, income, and employment qualification, and meeting established underwriting criteria. Rates are subject to change without notice based on market conditions. See Loan Consultant for information on program income limits, buyer contribution, area median income, debt requirements, and other application details.