Who can give gift funds??

A lot of buyers don’t realize this…
Not all “gift money” is treated the same when you’re buying a home.

This chart breaks down who can give gift funds depending on the loan type. Family is usually fine. Fiancés, partners, sometimes okay. Friends… it gets tricky depending on the program.

But here’s the part that actually matters 👇

The easiest way to handle gift funds is NOT having the money go to you first.

Have the family member send the funds directly to the title company.

That avoids a lot of extra documentation, sourcing issues, and last-minute headaches.

When money hits your account first, now we have to document where it came from, track the transfer, match statements, and sometimes explain it to underwriting.

That’s where deals get messy.

Clean file = smoother closing.

If you’re planning on using gift funds, let’s structure it the right way from the start.