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My fiance and I just had our offer accepted on a home for $215,000. My boss is giving me the 20%, as I am cashing in on my bonuses early.
I then have to gift it to my fiance. The lender would then want to know how I got the money.
Is this going to pose an issue with our lender? The mortgage is in her name, not mine.
Please any advice.
Thank you,
J
lender can get documentation from you as of the acceptability of your funds. no problem.