Purchase from a family member with no down payment

February 16, 2026 | Posted by: Craig Nickerson

Using gifted equity for the purchase of a family home

Looking to buy a home from a family member, but don't have the $ saved for a down payment? Did you know that If the home owner is willing to gift you equity in the home, it can be used as a down payment. Depending on the size of the gift, you might be able to avoid high-ratio insurance fees even if you have no cash to put down!