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. 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.It states how much you're getting and from whom. A short letter like this sample gift letter will cover all of the requirements your lender needs. A gift letter should include the name and contact information of the donor and a statement that no repayment is expected. We can define a gift letter as a legal statement that ensures your bank or lender that the funds that came into your bank account are a gift rather than a loan. Affidavit of Motor Vehicle Gift Transfer. Required Affidavit of Motor Vehicle Gift Transfer. The down payment usually comes out of checking, savings or invested assets. A gift letter for a mortgage shows your lender that you don't need to repay gift money toward your down payment.