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Reply to "parents helping with down payment??"
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[quote=Anonymous]We got a 20k loan from a parent to bridge what we needed for a down payment to keep the loan just under the jumbo threshold. Paid it back within a year along with interest. 500k free and clear would have been life changing. Nice for them that their parents were in that position. We hope to be able to provide help to our kids or grandchildren (although not likely to that level of generousity). [/quote]
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