Can FHA down payment be gifted?
Yes, in full. FHA allows 100% of the down payment to come from gift funds from eligible donors, with proper documentation.
Plain-English explanation
Eligible donors: family members, employer, labor union, charitable organization, government down-payment-assistance program. The gift letter must state no repayment is expected. Source-of-funds documentation is required from the donor.
What can change the answer?
Gift source and donor eligibility, seller credit limits, down payment assistance program rules, and source-of-funds documentation can change the answer.
Related
Want the real answer for your file?
FHA guidelines are the rule. Your credit, income, payment, property, and county limit are what decide the actual answer.
More FHA questions on Down Payment
Educational only. FHA guidelines, lender overlays, rates, fees, and underwriting requirements can change. Final eligibility depends on full underwriting review.