Describe the gift and state the monetary value of the gift, the name and address of the person making the gift, and the dates the gifts were received. Yes, this is normal.We bought our first house just before we got married. MiamiDade County income limit chart. A gift letter is a piece of legal, written correspondence explicitly stating that money received isn't expected to be repaid. From obtaining gift funds to filling out a gift letter, everything you need to know about mortgage gifts for a home purchase in Florida.