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. I am providing (borrower's name), my (relationship), with a gift of (amount of the gift) toward the purchase of their home.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 mortgage gift letter is a document that helps satisfy the requirement that a borrower's down payment funds come from legitimate sources. The goal of a gift letter is to provide the lender with proof of where the funds came from. "A gift letter describes who the person is, their relationship with the borrower, and how they will give the gift check, cash, or transfer. In the letter, the donors must specify that the money is a gift. Transfer property or money to someone with our revocable or irrevocable Gift Deed template. It's tailored to your state's laws. I am providing (borrower's name), my (relationship), with a gift of (amount of the gift) toward the purchase of their home.