Mortgage gift letter template. Lenders generally provide a boilerplate mortgage gift letter template for you to use.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. We'll also show you how to write a gift letter with a gift letter template so you can help your donor prepare for underwriting. A gift letter is a note from a donor to your lender regarding cash funds for your mortgage down payment. The following templates include all the necessary verbiage for a gift letter and should satisfy most lenders. A gift letter is a document certifying that your family member is giving you money to cover all or a portion of your down payment or closing costs. Download the following gift letter template. Then, complete, e-sign, and send it to the lender. A mortgage gift letter is a document that helps satisfy the requirement that a borrower's down payment funds come from legitimate sources.