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. The goal of a gift letter is to provide the lender with proof of where the funds came from.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. Buyer agrees to comply with any lender regulations that may require the transfer and deposit of funds to Buyer's account or escrow account prior to settlement. Most importantly, the letter should state that the money is a gift and that there's no expectation of repayment.

Gift Funds Letter Example In Maryland

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