A gift letter for a mortgage is a document that confirms that a financial gift has been given to a borrower to help them with the down payment or closing costs. When someone offers to help you make a down payment on a house, your lender will require a gift letter for a mortgage.Here's what it includes. This receipt is issued to individuals who have donated cash or payment, personal property, or a vehicle and seek to claim the donation as a tax deduction. You can use gifted funds to make a down payment, but your mortgage lender will want to know some details before they allow you to use it. Omella provides payment processing with no additional fees. Use this online template to add donations through your website. Writing a donation letter for school can be daunting, but with these free templates, you can send the right message in no time. Populate letters and emails with donor and gift data. Remove the difficulty from donor templates with DocHub's online Money agreement Donation Forms collection.