How much can be gifted for a 5% down home loan arizona?

Under conventional guidelines, you have to have 5% of your own money as down payment, anything above that can be gifted.. some lenders have specific requirements as to WHO can gift you the funds, but in general, anyone you're related to or have know for a long time.. For FHA, 100% of your down payment can be gifted.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

If you do FHA the entire amount can be a gift. If you are going for conventional loan, and you are putting less than 20% down, 5% must come from your own funds.

All of it.

On a 5% down conventional loan, the total 5% can be a gift. You can call me at 928-220-0889 for more details.

There are conventional loans that now allow for the 5% to be a gift.

The total of5% can be gifted and we offer this option. Give us a call if you would like to discuss the details 602-531-7040.

All of 5% down can be gifted.

Juan-I have a conventional loan avialable that will allow all 5% to be gifted. The more you put down though, the lower your payment, if you're able to put 20% down, you will not have any mortgage insurance. I can be reached at 208-818-3768 and I am able to write loans in all 50 states. Our rates are low, our average closing is 22 days. I look forward to speaking with you soon and assisting you into your new home.Andrew ByrdGoldwater Bank, NAabyrd@goldwaterbank.com

All 5% can come from a gift. I only lend in Florida.