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. 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 short letter like this sample gift letter will cover all of the requirements your lender needs. A gift letter for a mortgage shows your lender that you don't need to repay gift money toward your down payment. This guide explains how to document gift funds for a mortgage and meet lender requirements. Learn how to create a mortgage gift letter template to ensure a smooth homebuying process with your gifted funds with 6 samples. A gift letter is a note from a donor to your lender regarding cash funds for your mortgage down payment. Mortgage gift letters tell the lender that money for your loan came from a gift. Lenders require gift letters when necessary. I will be able to complete my education in a timely manner and continue to support my family.