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 gift letter should include the name and contact information of the donor and a statement that no repayment is expected. A short letter like this sample gift letter will cover all of the requirements your lender needs. 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 for a mortgage shows your lender that you don't need to repay gift money toward your down payment. Use our mortgage gift letter template and write yours. Please be sure to fill this out form completely and submit with the other information requested below. What is everything I should include in a cover letter? While money is important, it comes in a distant second to my need for your prayer support.