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. Today's Date: Medi-Cal Access Program.A mortgage gift letter is a statement that assures your lender the money that came into your account is a gift and not a loan. Choose one of the options below to verify sufficient assets to cover the amount of the gift. Learn how to create a mortgage gift letter template to ensure a smooth homebuying process with your gifted funds with 6 samples. A gift letter is an important, formal, legal piece of documentation that can help explain that a (usually rather large) sum of money was gifted to you.