Gifted down payments: what lenders need to see
Doorvia Guides · June 21, 2026
A gift from an immediate family member is acceptable to most lenders, with a signed gift letter and proof of deposit.
Gifted down payments are common and normally acceptable when they come from an immediate family member. Lenders will ask for a signed gift letter stating that the money is a true gift with no repayment expected, and they will want to see the funds deposited in your account.
Timing matters. Lenders typically want to see savings history for 90 days, so a large unexplained deposit close to closing invites questions and delays.
If the money is really a loan, say so. An undisclosed loan is a misrepresentation, and the payment obligation affects your qualification anyway. Families intending shared ownership should get legal advice about title and contribution instead.
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