How to Borrow Money for a Down Payment

One of the most difficult things about purchasing anything is coming up with the down payment funds. This is especially true for first time homebuyers. The good news is, there are ways around that. You can receive your down payment as a gift or even borrow the down payment. How exactly does that work? Well, the details depend on your individual situation. The process will be a little bit different for everyone. In fact, you may even have more money for a down payment than you even realize.