Newlyweds say “I DO” to FHA Bridal Registry Gift Funds

Mortgage and Lending with NMLS# 335055 335055

A great example of how FHA can be creative with their guidlines.
The bridal registry account will take away the need to 'season' funds for 60 days.

There are many ways to get down payment funds for FHA. This is a good one for newlyweds.

Original content by Rebekah Radice

FHA Bridal Registry AccountAre you planning to get married and buy a home in Colorado, but wonder where your down payment funds will come from?

FHA has a Bridal Registry program where the money you receive as a wedding present can be used towards your down payment. Just like registering at a specialty or department store, the FHA Bridal Registry program allows you to register with a lender. Then your friends and family are able to make gift payments into an interest bearing account on your behalf.

It's a win win! Not only can your gifts earn interest, but they can be used as a down payment towards an FHA Loan.

Bridal Registry Guidelines

Bridal Registry Accounts were originally introduced in 1996, but still remain a little known fact when it comes to down payment assistance. The misunderstanding of how this program works might be the fact that it was originally only allowed by banks. Soon after, FHA modified the program and offered new flexible options and the opportunity for the newlywed to set up the account at any bank. Plus, newlyweds are now able to make deposits on their own from the gifts they receive.

Here's how it works in 3 simple steps:

  • You will open a savings account at your bank prior to the wedding
  • Friends and family will be given the banking information where the gifts will be deposited
  • All of the gift funds can go towards the FHA required 3.5% down payment
  • Anyone with an interest in the purchase cannot be party to the gift funds (i.e. realtor)
  • There is no requirement that you be married prior to closing on your new home

Another huge advantage is that there are no gift letters or other documentation required other than proof of your savings account named "bridal registry account." It's that simple!


AGENTS:  Marketing Ideas to Spread the Word in Your State

  • Explain it on your website
  • Blog about it
  • Let your “to-be-married couples” know about it
  • Send an email to past clients
  • Attend wedding fairs & distribute brochures
  • Mention it at your homebuyer seminars

The great news about this program is it is available Nationwide!



To learn more: Check out our FREE Top 20 Homebuyer Secrets that can save you thousands of dollars! Plus browse our Home Buying Resources section and fill-out a free no-obligation secure online application or call us in Colorado Springs, Colorado at 719.387.1368 with any questions.

Bad credit or No credit? Check out our Credit Repair Program and get started on the path to homeownership today!

Overcome loan application stage fright by reading my Simple Steps to a Complete FHA Loan Application

Newlyweds say "I DO" to FHA Bridal Registry Gift Funds was written by Rebekah Radice.


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Rebekah Radice | Mortgage Loan Originator

T: 719.387.1368 | Email: | Website: |CO & NMLS Licensee: LMB100010938 & 288596 | Benchmark Mortgage dba Ark-La-Tek Financial Services, LLC | 12 E. Kiowa |Colorado Springs, CO 80903


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Comments (1)

Jimmy Katz
Wynd Realty & Katz Realty Group - Alpharetta, GA
"REAL Solutions for Real Estate!"

i love it!  one of the most creative ways to utilize a wedding registry i have ever seen.  sure beats a serving tray!

Jun 29, 2011 04:38 AM