Posted on: 21st Feb, 2011 06:08 am
Can a friend place 20% down on a new construction house- not a gift- and be placed on the deed/title as an owner? The remaining 80% would be a conventional loan solely in my name? Thanks
Don't see why not.
Any owner can provide down payment money.
All owners do not have to be on the mortgage.
Any owner can provide down payment money.
All owners do not have to be on the mortgage.