How to Document an FHA Cash Gift Down Payment

2017-11-30T19:18:46+00:00July 1st, 2015|Homebuying Tips, Las Vegas, Mortgage News|

If you or someone you know has plans to use a cash gift as their down payment for an FHA loan, pay close attention. While the cash gift is not only allowed but encouraged by the Federal Housing Administration, there are rules to how the money can change hands and how it is all documented. [...]