Lenders generally provide a boilerplate mortgage gift letter template for you to use. Below is a typical gift letter template you can share with donors.Your bank needs a written letter to prove that any money gifted to you to help buy a house is in fact a gift, not a loan. A short letter like this sample gift letter will cover all of the requirements your lender needs. We'll also show you how to write a gift letter with a gift letter template so you can help your donor prepare for underwriting. Mortgage gift letters tell the lender that money for your loan came from a gift. Lenders require gift letters when necessary. Bank is making us fill out "Gift Letter" Paperwork? Are you a first home buyer using a gifted deposit? Mortgage lenders typically have their own version of a gift letter template.