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Can gift from my dad be used to pay of credit card debt?
Can gift from my dad be used to pay of credit card debt? Currently looking into buying a new home. My dad offered to pay off our three credit cards to help with getting a better rate with a lender. When we told said lender they said that would not be allowed with FHA and Conventional loans. The weird thing is my dad didn’t exactly same thing for my sister 5 years ago and she got a better rate and eve...
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