In late 2019, I put together a PDF about the Mortgage Guidelines for Bridal Gift Funds, aka Wedding Gift for Down Payment and Closing. I tried to give the history of this guideline area in FHA and Conventional, up to the most recent 2017 Freddie Mac guidelines. This is a brief copy-paste of that effort.
I walked through this a PDF on Wedding Gift Funds guidelines at length here:
Down Payment Project is a blog, vlog, podcast, journal, content archive… what ever you want to call it… It’s the real-time story of our journey at building downpayment.gift, a new crowdfunding and gift registry for first-time home buyers and wedding couples to raise money for the down payment on a house.
We are putting out this content for prospective partners, mortgage lenders, brokers, other entrepreneurs, software developers, fintech and real estate startups, investors, and even home buyers–our end users. Ultimately the content will skew torwards mortgage partners and prospective investors. Bootrapped software founders will recognize a familiar pattern. downpayment.gift is a work-in-progress, and DownPaymentProject aims to capture the day to day as we launch and grow this SaaS (Software-as-a-Service). Join us as we embark to work in public!!