HomeFundIt is the first and only online down payment gifting platform designed by a mortgage
lender that helps home buyers buy a home sooner, with a larger down payment.
How to use HomeFundIt
Down Payment Gifting
Collect down payment gifts instantly from family and friends through the easy-to-use, online platform.
Shop to Save
Get extra pledges toward your down payment when you shop at over 1,000 participating online retailers.
$1,500 Closing Costs Grant
Earn up to $1,500 toward your down payment or closing costs. Match down payment gifts $2 for every $1 received plus get BONUS dollars when you shop and share.
Get Down Payment Gifts
- Sign up online, set up your campaign page, and set your down payment goal.
- Share your unique campaign link with family, friends, or anyone else in your network.
- Anyone can give gifts up to $5,000 each online with a debit or credit card. No taxes or fees. No offline paperwork.
Get Even More when You Shop
- When you or your supporters shop online at over 1,000 participating retailers through the UpIt link on your campaign page, a percentage of your purchase is pledged to your down payment.
- Participating retailers pledge anywhere from 1% to 50% back on your purchase. Earn on average 7.5% per purchase!
- You do not need to get prequalified to use UpIt. You and your supporters can start shopping with UpIt as soon as you set up up your campaign page
Add the $1,500 Closing Cost Grant
- First time buyers can get $2 for every $1 raised through down payment gifting, up to the lesser of $1,500 or 1% of purchase price, towards closing costs.
- BONUS! Get $4 for every $1 pledged through UpIt shopping. This includes your purchases and your supporters’ purchases
- BONUS! Get $5 per day, per share per, per platform, each time you or any of your supporters share your campaign through the Facebook, LinkedIn, or Twitter buttons on your campaign page.
- Must complete free home buyer education before the purchase contract is signed.
How to Setup Your Campaign Page
SET UP your campaign
Click the GET STARTED button, and follow the easy setup screens. You and your supporters can shop with UpIt right away!
CONNECT with a CMG loan officer (or one of our partners), and get prequalified. This lets you start collecting funds from family and friends.
SHARE. Let your family and friends know that you could use a little help with your down payment, and invite them to drop by your campaign page to make a contribution, OR shop online with Upit.
Grants available to first time home buyers, as defined by Fannie Mae. Housing counseling must be completed by HUD approved housing counselor to receive CMG Financial grant. Find a housing counselor near you by visiting https://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm. Grant funds are applied to nonrecurring closing costs. If closing costs are fully paid by seller or interested party, grant funds can be used to buy down the rate. Grant funds cannot be used towards a down payment. Visit https://homefundit.com/Terms for complete terms and conditions.
The UpIt store, partner affiliates, and shopping pledges are a service provided by The Home Dream Foundation © (3). UpIt is available only to customers of HomeFundIt. For complete terms and conditions of HomeFundIt, please visit https://www.homefundit.com/Terms.