Did you know that USDA and VA do not have a “family member” restriction for gift funds? The only rule is that they cannot be an interested party such as the seller, builder or real estate agent.

Related Article Title: USDA – Gift Funds – Familial Status:  What is considered a family member under USDA for the purpose of receiving gift funds? [NEW CHART – Gifts Funds and Gifts of Equity – All Agency Chart] Answer: USDA and VA do not require donors to have familial ties to borrower like the other […]

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