Posted by Ed Copp (OH) on November 23, 2000 at 16:29:45:
mortgage companies usually want to see a “gift letter” to show where the added funds came from. You might just borrow from an individual without any documentation. In my way of thinking the mortgage need not know everything, it really is none of thier business, but they will ask and if we tell then they will know. I like to keep things private if possible.