Conventional Loan with Downpayment GiftI currently own a house via an FHA loan. Due to circumstances, we are looking to move to be closer to family. A family member has graciously offered to give us the down payment for a new house. It's my understanding that the money must be "seasoned", I understand that seasoning is something along the lines of the money remaining in my account for 60-90 days. If the seasoning process is 60-90 days--And the MU requests 6-12 months worth of statements, will it still be considered seasoned since the money just kind of popped up one day?What is the best way to go about obtaining a mortgage--My wife and I each have excellent credit scores, stable employment and our own money to put towards the downpayment as well. September 13 2013 - Tacony00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.