Gifts for down payment

by a searcher from Utah State University - Jon M. Huntsman School of Business

2 years ago

I have a very close relationship with some sellers who are willing to gift me the down payment for a 7a loan. Is this something allowed with the SBA? Are there limits on the amount of gift that can be used in a 7a loan?

3 likes
172 views
12 comments

member from University of Alabama - Birmingham

Following

6 months ago | like reply | 0 likes

searcher from Utah State University - Jon M. Huntsman School of Business

Thanks, all!

2 years ago | like reply | 0 likes

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