How to enter an FHA Gift?

This will also cover FHA source errors in AUS.

  • Navigate to Loan application (Financials in version 2025) > Assets 
  • Access the section by hitting the edit button
  • Add new Asset 
  • Label it Gift 
  • Key in Dollar amount 
  • Set Source type to Relative
  • Leave deposited as No. 
  • Hit Save 
  • Navigate to Overview > Terms and Mortgage
  • Hit the edit button 
  • Click the "Enter Down Payment" blue link 
  • Asset Type should be set to FHA Gift Source relative
  • The amount should match what is in the Assets section 
  • The source type should also match what is in the Assets section (relative)
  • Hit Save.