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. 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.Mortgage gift letters tell the lender that money for your loan came from a gift. Lenders require gift letters when necessary. It states how much you're getting and from whom. 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. 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. A transfer on death deed (TODD) is a legal document that allows a person to transfer ownership of their property after they die. You cannot simply scratch out a name on a prior deed and write in the new name. Access the Exhibit,Appendix in the Donald Tomeny v.