Mortgage gift letter template. Lenders generally provide a boilerplate mortgage gift letter template for you to use.It states how much you're getting and from whom. A gift letter should include the name and contact information of the donor and a statement that no repayment is expected. A short letter like this sample gift letter will cover all of the requirements your lender needs. We can define a gift letter as a legal statement that ensures your bank or lender that the funds that came into your bank account are a gift rather than a loan. Here's a sample gift letter you can use to prove that the money is truly meant as an outright gift, with no expectation of repayment. The gift tax is the responsibility of the eligible person receiving the motor vehicle. State the gift amount clearly. This ensures transparency.