- 7 years ago
- Wedding: October 2010
Is anyone familar with this program? Sounds like a great alternative to a regular registry!
The FHA Bridal Registry works like a traditional registry but is even more flexible. The bride and groom visit their choice of FHA mortgage lender and set up what is essentially a custodial savings account for the dedicated purpose of funding their down payment. Then they provide the details to friends and family. In turn, the couple’s benefactors can deposit funds directly into the account, or can simply hand cash or checks to the couple for deposit into the account.