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Am I able to use lottery winnings towards my down payment?

by p_miller977 from Lee, Florida. Aug 18th 2016 Reply


Mark Asaad (m.asaad)
#36 ranked lender in Florida - 16 contributions

Yes, you can definitely use your lottery winnings as a down payment. You will just have to provide proof that you won it in a lottery. Please feel free to call me and I'll be happy to get you pre-approved. ThanksMarc AsaadHome 1st Lending407-221-9531

Aug 18th 2016
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#135 ranked lender in Florida - 644 contributions

YES, as long as the money can be sourced from a viable source....Feel free to call me Ralph Guertin 954-274-7725 or email at ralph@absolutelowrates.com

Aug 19th 2016
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,259 contributions

Absolutely, If the cash has been in your account for more than 90 days, then you wont need to do anything but provide the last 2 monthly bank statements,, however if the funds were deposited within the past 2 months, then you will need to prove it was lottery winnings.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. WilliamAcres.com NMLS# 226347

Aug 19th 2016
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Nikitas Kouimanis (MrMortgage)
#7 ranked lender in New York - 113 contributions

Hi, absolutely you just have to source the money and prove that it came from lottery winnings. Call me if you are interested at 516-206-0000, or email me at nkouimanis@unitednorthern.com and I will walk you through the process.

Aug 20th 2016
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