Buying a Home with FHA Gift Registry

Forget Macy's and Crate & Barrel. Set up your bridal registry at the BANK! That's right, at the Bank and use the funds received for the FHA Down Payment on a HOME. This could be perfect for people getting married who already have their household items and really need help getting into a home. This registry option is also available for other occasions where gifts are typically received by individuals like graduation from college or birthdays.


FHA has had this little known program that allows cash gifts since 1996. It's not difficult to set up and it's available with any FHA lender.

1. Inform your mortgage professional early of your intention to obtain all or part of your down payment from gifts to the FHA homeowner bridal registry.
2. Open a savings account at your bank named "bridal registry account" or "gift account"
3. Friends and family are given account deposit information

Gift registries are commonplace and really benefit both the giver and recipient. Etiquette websites like Emily Post state that alternative registries are acceptable. Couples are now suggesting to friends and family that they want help with their honeymoon, education or furnishing a home.

Let me know if you would like to talk with a Mortgage Specialist to get started on your Gift Registry and/or to get Pre Approved, I'd be happy to recommend someone for you.