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. Bank is making us fill out "Gift Letter" Paperwork?A short letter like this sample gift letter will cover all of the requirements your lender needs. We'll also show you how to write a gift letter with a gift letter template so you can help your donor prepare for underwriting. 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. Each donor receipt should include the charity's name and name of the donor. If borrowers plan to use gift money, they must request a gift letter from their lenders. If the money is still on the card, Google can put a freeze on it. As noted earlier, your bank should provide a gift letter template for you to complete. At the mortgage office Clark was given a form entitled "Gift Letter" to sign.