Typically sources of down payment have to come from the borrower’s own resources .  These would include:

• Bank accounts,
• investment accounts,
• funds from a business,
• the sale of a property,

Based on a client’s credit score and loan to value gifted down payments are accepted where an immediate family member provides the down payment.  A gift letter has to be signed.  Some lenders will allow the down payment to come from a credit facility such as line of credit.  These exceptions are subject to lender qualification and are not available to every borrower.