BLOGBlog posted On February 13, 2025
Love is in the air this week! To celebrate couples, we wanted to highlight HomeFundIt™, our down payment gifting platform. Often, prospective home buyers have used this program as a wedding registry, raising funds from their friends and family on their big day. Moving into a new home is one of the biggest steps for a couple, so we’re here to provide a program that can both boost your love story as well as your homeownership dreams.
HomeFundIt: How It Works
With HomeFundIt, your friends, family, and community can help you and your partner build a larger down payment online!
You can visit www.HomeFundIt.com to start building your campaign. Your loan officer will work with you and guide you through getting started alongside your prequalification process.
Your story is an important one, one that you can share with your community through your HomeFundIt campaign. You can further customize your page by adding an introductory video. Don’t be afraid to share your campaign on your socials. The more friends and family you reach, the higher the likelihood that your funding goal will be met!
We’ve detailed the ways you can grow your funds below, but whether you receive direct gifts through the platform or through shopping at participating stores, there are multiple options to build funds for your new home.
Once all funds have been pledged, you and your partner will be ready to embark on an exciting new adventure: homeownership!
Ways to Grow Your HomeFundIt Campaign
This is the most immediate way you can use HomeFundIt, through collecting down payment gifts instantly from your community through our easy-to-use platform.
Through UpIt, you can receive extra pledges toward your down payment when you, your friends, and family shop at over 1,000 participating online retailers.**
You and your partner can earn up to $2,000 toward your closing costs. CMG offers a $2 to $1 match for every dollar received.*
Well, lovebirds, are you convinced? HomeFundIt is an excellent resource for first-time home buyers looking to find affordable homeownership options. Like romance requires a leap of faith, so too does the adventure of homeowning. Are you ready to commit? If yes, say I do!
Source: HomeFundIt
*Grant is a $2-to-$1 match on regular down payment gifts received on HomeFundIt™, up to the lesser of $2,000 or 1% of purchase price for first-time buyers, as defined by Fannie Mae, who complete home buyer education prior to signing a purchase contract. Talk to your loan officer or visit your HomeFundIt dashboard for next steps, or you can also find a housing counselor near you by visiting https://www.hud.gov/counseling.
Grant funds are applied to nonrecurring closing costs. If closing costs are fully paid by seller or interested party, grant funds can be used to buy down the rate. Grant funds cannot be used towards a down payment. Visit https://www.homefundit.com/Grant for complete terms and conditions.
**The UpIt store, partner affiliates, and shopping pledges are a service provided by The Home Dream Foundation © (3). UpIt is available only to customers of HomeFundIt. For complete terms and conditions of HomeFundIt, please visit https://www.homefundit.com/Terms.
