Please ensure Javascript is enabled for purposes of website accessibility


Do FHA Mortgage Lenders Allow Gifts for Down Payment And Closing Cost?

Do FHA Mortgage Lenders Allow Gifts for Down Payment And Closing Cost?

FHA Mortgage Lenders refer to Gifts as contributions of cash or equity with no expectation of repayment.  
FHA Mortgage Lenders Allow Gift Funds from the following approved sources

• The  FHA mortgage applicants Family Member; 
• The  FHA mortgage applicants employer or labor union; 
• The  FHA mortgage applicants close friend with a clearly defined and documented interest in the Borrower; 
• a charitable organization; 
• The  FHA mortgage applicants a governmental agency or public Entity that has a program providing homeownership assistance.

Cash on Hand is NOT and cannot be used  an acceptable source of donor gift funds.   

Only Family Members may provide equity credit as a gift on property being sold to other Family Members. 

FHA Mortgage Lenders Similar Questions Include:


US Mortgage Lenders has an extensive lender network that allows us to provide unique and mortgage solutions. Contact US for the most update information on terms and conditions. All Information on this site Is for example, hypothetical purposes and should NOT be relied on for decision making.
Email Questions To Google
Hide Buttons
Skip to content