In some instances lenders consult lender comments — or other monetary data particularly a good 401(k) account statement in this specific situation — to verify the main cause out-of financing toward present
The new quick means to fix your query is you to yes, you might promote your lady money from your 401(k) account since the a present to the down payment on the a property. Contained in this situation, you are not an effective co-borrower towards the financial and you also dont individual the house unless you are put in the fresh new title adopting the purchase shuts. Continue reading…