The gift check and deposit slip showing closing funds deposited into your account. 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 letter is a note from a donor to your lender regarding cash funds for your mortgage down payment. A gift letter needs to be from the person who gave you the funds, and they need to include information showing the gift doesn't need to be paid back. Mortgage lenders typically have their own version of a gift letter template. Check with your loan officer before drafting your own gift letter. As noted earlier, your bank should provide a gift letter template for you to complete. You can use a gift letter for mortgage lenders who may be questioning a large influx of cash that suddenly showed up in your checking or savings account. The letter should include the exact dollar amount of the gift and the date of transfer. The letter should include the donor's name, relationship to the buyer, and the exact amount given.