The U.S. Food and Drug Administration (FDA) is strengthening an existing label warning that non-aspirin nonsteroidal anti-inflammatory drugs (NSAIDs) increase the chance of a heart attack or stroke.
Not everyone receiving a cash gifts want to make a 20% downpayment, though. Cash gifts are also allowed for low-downpayment mortgages including the FHA purchase mortgage, which requires a 3.5% downpayment; and the Conventional 97 mortgage from Fannie Mae and Freddie Mac which requires just 3% down.
In contrast, most conventional home loans require borrowers to use at least a portion of their own money for the down payment. They allow gifts from family members in some cases, but only for a certain percentage of the down payment. With FHA, the Entire Down Payment Can Be a Gift.