Quote:
Originally Posted by onetwo_threefour
Of course you did potentially engage in mortgage fraud in your situation since I doubt your bank was aware that your DP was borrowed from your parents, so this course of action is not one for general application. (not trying to be a jerk, just pointing out that borrowing the DP is not permissible, you have to have someone willing to give the money to you as a gift with no repayment required in order to be onside the rules)
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The bank was well aware of it as I provided a gift letter at the time.