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. Sample of a Gift Letter.Used when getting a new mortgage and getting a gift from family. Yes, all lenders will require a gift letter. Although you may have the funds, the lender needs to confirm that you won't have to repay the gift. The following templates include all the necessary verbiage for a gift letter and should satisfy most lenders. A gift letter for a mortgage is proof to the lender that money you've been given for your home purchase is a gift, not a loan to be repaid. 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. A Gift Affidavit can help you show that no money was involved, that it wasn't a loan, and that nothing else was sought for in exchange for the gift. The letter should state that the gift is intended to help the borrower make a down payment and that the donor has no expectation of repayment.