Are Fundraising platforms such as ‘GoFundMe’ an option to raise funds to buy a home? Donated funds can get tricky because the agencies that create the rules for the industry do not directly address this specific issue.  If you are considering a fundraising platform to accumulate money for your down payment or closing costs, let’s talk first, and I’ll review the details with you.
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Are Fundraising platforms such as ‘GoFundMe’ an option to raise funds to buy a home? Donated funds can get tricky because the agencies that create the rules for the industry do not directly address this specific issue.  If you are considering a fundraising platform to accumulate money for your down payment or closing costs, let’s talk first, and I’ll review the details with you.

ByBrandon Butler

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If I’m only on the title to a property that I and my spouse own, will that obligation be counted against me if I want to buy another property? For conventional financing, housing debt obligations will only be considered if you, as the borrower, are personally obligated. This is also true in community property states. Let’s talk about how I can assist you in purchasing your next home.
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If I’m only on the title to a property that I and my spouse own, will that obligation be counted against me if I want to buy another property? For conventional financing, housing debt obligations will only be considered if you, as the borrower, are personally obligated. This is also true in community property states. Let’s talk about how I can assist you in purchasing your next home.

ByBrandon Butler

A subscription is required to access this content—please view our available subscription options. If you are a current subscriber, please log in.