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Updated over 6 years ago on .

User Stats

5
Posts
1
Votes
Derek Taylor
  • Rental Property Investor
  • Chattanooga, TN
1
Votes |
5
Posts

Student Loan For Down Payment

Derek Taylor
  • Rental Property Investor
  • Chattanooga, TN
Posted

Hello,

My wife is a graduate student who received a surplus from her student loan. Is it acceptable or illegal to use those funds as down payment on a financed property, even FHA?

I appreciate your insight, thank you!