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. A mortgage gift letter is a statement that assures your lender the money that came into your account is a gift and not a loan.A gift letter is a note from the donor that says you don't have to repay the money. 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. I am providing (borrower's name), my (relationship), with a gift of (amount of the gift) toward the purchase of their home. A gift letter is an important, formal, legal piece of documentation that can help explain that a (usually rather large) sum of money was gifted to you. Queen Elizabeth I was the last monarch of the Tudor dynasty, who ruled England between 1558 and 1603.