Thread: Mortgage Advice
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Old 05-22-2009, 09:37 AM   #60
MoneyGuy
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Quote:
Originally Posted by onetwo_threefour View Post
With the lender's approval?

(our firm always gets clients to sign a statutory declaration to the effect that the down payment funds are from the client's own resources and are not borrowed)
Yes. Most places require that funds be in your hands for a certain period of time, after which it's considered to be your funds, regardless of source.

You're confusing one company's requirements for industry requirements.
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