---
title: How to Set the Down Payment Source in FHA Loans
description: PUBLISHED
---

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October 1, 2026

# How to Set the Down Payment Source in FHA Loans

## This guide explains how to set the borrower’s down payment source and how to add assets in the loan file.

<iframe src="https://scribehow.com/embed/How_to_Set_the_Down_Payment_Source_in_FHA_Loans__NNPiXR6ISO6T3z2qigLhJA?as=video" width="100%" height="800" allow="fullscreen" style="position: absolute; top: 0px; left: 0px; width: 100%; height: 100%; border: none;"></iframe>

**Step 1: Set the Down Payment Source**

**Go to:** **Overview \> Terms & Mortgage**

1. Click **Edit**.
2. Click the pencil icon next to **Edit down payment.**
3. In the popup, click **Add New Down Payment**.
4. **Asset Type:** open the dropdown and choose the correct option.  
     - For gift funds, select the option labeled **FHA Gift Sources**.

5\. **Source Type:** open the dropdown and select who is providing the funds.

       6. Enter the **dollar amount**.

       7. Add a **description** if needed.

        8. Click **Save**.

---

#### **Step 2 : Enter or Update Borrower Assets**

**Go to:**

- **Loan Application \> Assets** (2023 Page Layout)
- **Financials \> Assets** (2025 Page Layout)

*To check or change your page layout, click your username in the top right corner \>* ***Profile*** *\>* ***Edit Profile****.* 

1. Click **Add New Asset**.
2. **Asset Type:** choose the correct option (e.g., **Checking**, **Savings**, or **Gift Funds**).
3. Complete all required fields (such as **Bank Name** and **Account No**) and click **Save**.  
     - For **Gift Funds**, be sure to:  
           - Select the correct gift **Fund Source Type**.

1. - - Add a **description** if needed.
           - Indicate whether the gift fund is **deposited to the borrower’s account** or not.

1. - - Ensure the gift **Fund Source Type** matches the entry under **Overview \> Terms & Mortgage \> Down Payment Source**.

---

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