Q: I am wondering what documents are needed for my mom to turn over her tag number (registration) to me? What will the DMV need? A: As long as the plate is actively registered to your mother, all she ...

A gift letter for a mortgage confirms that some or all of the borrower’s down payment money is a gift that doesn’t need to be repaid and that the giver isn’t involved in the purchase or ownership of ...

What Is a Gift Letter? A gift letter is a piece of legal, written correspondence explicitly stating that money received from a friend or relative is a gift. The most common use of gift letters is when ...

On the RI DMV website, dmv.ri.gov, you can find most forms, applications and information/instructions. Just follow the blue bar across the top of the homepage for the ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

Cash gifts from others can be used toward a down payment or home purchase. In order for a cash gift to be eligible, mortgage lenders require a gift letter that specifies the amount of the gift, its ...

Mortgage lenders need documentation for large deposits in your bank account. For gifted funds, this means providing a gift letter. A gift letter should include the name and contact information of the ...

When you buy a home with a mortgage and use a gift of cash or equity toward that purchase, you need to get a gift letter from the donor. A gift letter documents where the gift comes from and confirms ...

Q: I would like to transfer my 1999 Toyota Corolla to my son as a gift. I’m on disability, so what documents do I need to fill out? Where can I find them? A: This is one of the most popular questions ...

Simplify your mortgage journey with a trusted lender. When purchasing a home, one of the critical pieces of information is the amount of a down payment you’re providing. For some potential homebuyers, ...