If your family wants to do this why pay the crowdfund toll or fee. Just set up the escrow account and deposit it there.
One of friend is getting and they have set their sights on a house which they are planning to buy. So we are planning to help them buy the house by crowdfunding and paying the down payment on their behalf. They are taking a mortgage. We have already talked with the mortgage broker and would be making the payments anytime soon. So what do you think of this new style gifting down payments for a wedding? Have you done this? Please share your experiences.
Name of mortgage broker removed by moderator.[/]

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