Over the last 2 years, I have seen a significant increase in the use of Gift funds for mortgage loans in Maryland. There are a lot of very generous family and friends out there willing to help buyers to realize their dream of Maryland homeownership. What are Gift Funds? Gift funds are monies GIVEN to the buyer with no expectation of repayment. Who can Gift Funds for a mortgage? The money MUST come from an independent party that is not affiliated with the transaction and must have a documented relationship with the buyer. Gift funds can (6 comments)