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FHA Bridal Registry Account
The Bridal Registry Account allows
couples who are getting married to open up a bridal registry savings
account with participating Federal Housing Administration approved
banks nationwide. Family and friends can then deposit their cash
wedding gifts directly into the interest-bearing account.
This initiative provides a great way for young couples to save for
their first home together. With the homeownership rate for households
under the age of 35 significantly below the rate for households
nationwide, the bridal registry program is helping to close the gap.
Over 30 mortgage companies nationwide participate in the initiative.
Participating mortgage companies set up an interest bearing account
and provide information on how the account works to friends and family
of the couple.
Consumers may receive more information about the program by calling
1-800-CALL-FHA.
Click here to
get Pre-Qualified Online Free.
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