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Bernie - October 14th, 2004 8:19 PM

Is it legal for an agent representing the buyers in a deal to lend money to their client for the down payment on a home?

Sue - September 20th, 2004 7:34 PM

Most mortgages don't allow the borrower to borrow money for the down payment. If the borrower conceals the fact that they are borrowing money for the down payment, then the borrower is committing fraud against the lender.

Laura - October 14th, 2004 8:19 PM

This seems quite uncommon.

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