Lenders generally provide a boilerplate mortgage gift letter template for you to use. Below is a typical gift letter template you can share with donors.Choose one of the options below to verify sufficient assets to cover the amount of the gift. Download our gift letter template for your mortgage approval down payment. The purpose of the gift letter template is to clearly identify that the money for the down payment is a gift and that the donor does not need to be repaid. Generate a letter for a deposit coming from a family gift. This would be used with proof that the deposit exists (eg a bank statement). Explore the best banking services with IBC across Oklahoma and Texas. Flexible banking so you can do more at your convenience. This manual is intended to assist persons who are involved in the administration of a decedent's estate in Virginia.