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April
29

wedding registry for down payment title graphic

If you're getting married, skip the traditional wedding registry and ask your guests to contribute towards a down payment for a home instead.  The folks at the National Association of Realtors teach you all you need to know about the process here.

Looking for an online wedding registry to fund your down payment?

Here are the most popular:

Hatch My House

Down Payment Dreams

However, be careful when choosing any of these options as some charge hefty service fees to use their service.

A better resource for this type of creative home financing comes from the FHA Bridal Registry Program. This program, created in the late nineties by the United States Department of Housing and Urban Development (HUD), allows you to receive wedding gifts to pay for your home purchase, provided you use an FHA loan instead of conventionalmortgage.

Before choosing an online registry or government program, be sure to consult a qualified mortgage professional to learn about the pros and cons of each one.

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