@martypav7 wrote:guys quick question.
Can gift for FHA loan be in cash form? my in law is retired and collecting rent, he just gifted us 5k in cash and i deposit it in the bank, supposed to close in two weeks.
It has been a long time since I dealt with something like, decades really, but if I recall correctly, you'll be asked for a letter from the person giving you the gift stating it was in fact, a "gift".
