The gift check and deposit slip showing closing funds deposited into your account. Gift Letter For Mortgage Template.Your lender might give you a template to follow if you tell them you're using a gift for your down payment. A gift letter is a note from a donor to your lender regarding cash funds for your mortgage down payment. 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. Transfer property or money to someone with our revocable or irrevocable Gift Deed template. It's tailored to your state's laws. Download the following gift letter template. Then, complete, e-sign, and send it to the lender. Hours of Operation (Except for Court Holidays): Monday – Friday a.m.