Homeownership is possible without family gifts. Focus on your own goals, build a support team, explore down payment programs and get creative with financing options.
WASHINGTON – When you're saving for your first home, it's natural to wish for a helping hand. It might even feel like everyone else is getting a check from Mom and Dad. But if you don't have a financial head start, where should you begin?
The good news: Homeownership isn't just for the lucky few with a windfall. In fact, most first-time homebuyers don't wait for one. According to the National Association of Realtors®, only one in four first-time buyers used a gift or loan from family or friends to fund their down payment.
If you don't have gift money to help buy a house, you're not alone. Here's your guide to getting it done.
Read more: https://www.floridarealtors.org/news-media/news-articles/2025/04/affording-house-your-own