The letter must explain who is gifting the money, where the donor's funds are coming from and the relationship between the donor and the recipient. What should the gift letter include?You can use gifted funds to make a down payment, but your mortgage lender will want to know some details before they allow you to use it. The purpose of this letter is to document that the money does not need to be repaid as well as the donor's name, contract information, and relationship to you. The lender will need a "gift letter" from the donor to make sure your down payment help has no strings attached. The lender is requiring me to write a gift letter stating I'm gifting my SO the down payment, with no expectation of being repaid. Them under the Participation Agreement or otherwise, both legal and equitable, to recover funds from the Lender or the Borrower(s). If you're a Minnesota homeowner or renter, you may qualify for a Property Tax Refund. Fill in the blank form formatted to comply with all recording and content requirements. We will release the lien when the debts on the lien are paid in full with secured funds.