Everyday ethics: Bank wants loan to turn into a gift (The Salt Lake Tribune)

My parents graciously offered to lend my wife and me the down payment for a home. While we can easily afford the mortgage payments, the bank wants all of us to sign a statement saying the money from my parents is a gift, not a loan, although the bank representative literally winked as he handed me

More: continued here

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May 31 2008 04:05 pm | Home Loan Mortgage Blog

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