The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Do You Pay Gift Taxes When Buying a House? What Homebuyers Need to Know

By Scott Sheldon / July 9, 2026

One of the most common questions we hear from homebuyers has nothing to do with interest rates, credit scores, or down payments. Instead, it sounds something like this: “If my parents or grandparents help me buy a house, am I going to have to pay gift taxes?” The good news is that, in almost every…