Down Payment Guide

Can I Use Gift Funds?

Yes. FHA is one of the most gift-friendly programs — eligible donors can cover your down payment and closing costs when the gift is properly documented. Ryan and Steve help you get the gift letter and transfer trail right the first time so underwriting stays clean.

Get Pre-Approved FHA Overview

What FHA Allows With Gift Funds

Gift money can dramatically lower cash to close — if the source and trail are underwriting-ready.

Documentation Underwriters Expect

Most gift delays are paperwork delays — not eligibility problems.

Signed gift letter with amount, donor name, and relationship
Statement that no repayment is expected
Evidence the funds came from the donor’s account
Evidence the funds deposited into your account or escrow
Clear sourcing if large cash deposits appear around the gift

Tips That Keep Gifts Clean

Move money once — with a clear story.

Transfer directly from donor to you or to escrow when possible
Avoid multiple hops through unrelated accounts
Keep screenshots and bank statements for the same dates
Tell us before large transfers so we coach the trail
Separate true gifts from seller concessions or credits

How We Handle Gift Funds

We treat gift documentation as part of pre-approval — not a last-minute scramble.

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Keep Exploring

Related guides to help you compare options and move toward pre-approval.

Can I Buy With 3.5% Down?

How low-down FHA purchases work with or without gifts.

Who Qualifies for FHA Financing?

Credit, income, and occupancy basics.

What Is an FHA Loan?

Program overview before you fund cash to close.

Gift Funds for Conventional Loans

How conventional gift rules differ from FHA.

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Frequently Asked Questions

Using Gift Funds on Your FHA Purchase?

Ryan & Steve will review your donor source, gift letter language, and transfer trail before funds move — so underwriting does not stall.

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