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Updated almost 4 years ago on . Most recent reply

Patryk Mag's profile image
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Patryk Mag
  • from Farmingville, New York
  • Member since Jun 15, 2017
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Patryk Mag's profile image
Patryk Mag's profile image
Patryk Mag
  • from Farmingville, New York
  • Member since Jun 15, 2017
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Patryk Mag
  • Farmingville, NY
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Private Lending & Conventional Mortgage Advice

Type of loan for a child property gift

Patryk Mag
  • Farmingville, NY
Posted

Hello. My parents want to buy me a condo. They want to get a loan for it. What type of mortgage should they apply for primary, secondary or investment residence mortgage?

My wife already has a house and a mortgage. I am on the title of that house but not on the mortgage. My partents have a house as well.

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