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. Sample of a Gift Letter.Used when getting a new mortgage and getting a gift from family. 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. 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 following templates include all the necessary verbiage for a gift letter and should satisfy most lenders. To use gift funds, you must provide a gift letter proving the money is not a loan. A gift letter is proof to the lender that the funds were gifted to a homebuyer for their home purchase, and not a loan or borrowed money. Keep in mind, the amount of the transfer must match what's stated in the gift letter. FHA loan gift funds.