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

Reblogger Louise Thaxton NMLS 69996
Mortgage and Lending with Fairway Independent Mortgage Corp Louisiana NMLS#2289 Equal Housing Lender NMLS 69996

"Newlyweds say "I Do" to FHA Bridal Registry Gift Funds" is a great blog from Rebekah Radice.  Here's the question - Are you planning to get married and buy a home  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!  Check out the blog below!

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.






Rebekah's Mortgage Grapevine (unashamed plug) provides insight, education and musings on anything from mortgage lending and real estate, to social media, marketing and all things relevant to your everday success! If you want to learn lots of cool things, have your thoughts provoked, AND be entertained, be sure to hit the SUBSCRIBE button to the right! 


Rebekah Radice | Mortgage Loan Originator

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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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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy


What a great reblog!  This is so much better than china, silver, etc.  I love this.  Thanks for sharing it with us. A

Jul 01, 2011 07:26 AM #1
Olga Diaz
Potter, Mng Broker, CRS, ASP, ePRO, ABR

what a cool program and a great reblog!  I love it and will have to pass it along.  Thanks Louise!

Jul 01, 2011 07:27 AM #2
Louise Thaxton NMLS 69996
Fairway Independent Mortgage Corp Louisiana NMLS#2289 Equal Housing Lender - Leesville, LA
Military Mtg Specialist - 866-960-9115 VA FHA USDA

Thanks for the comments - and I was thinking the same thing!  What a great gift - and one that is truly meaningful!  Think of the $$ that gets spent on items that are NEVER utilized! 

Jul 01, 2011 07:36 AM #3
Rebekah Radice
Imagine WOW! Digital Marketing Agency - Burbank, CA
Social Media Marketing, Coaching & Training

Thank you for the reblog Louise!  The response to this program really took me by surprise!  I had no idea it would strike such a chord with so many people.  It is pretty exciting though when you think about the possibilities for young couples!

Jul 01, 2011 09:29 AM #4
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Military Mtg Specialist - 866-960-9115 VA FHA USDA
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