Mortgage gift letter template. Lenders generally provide a boilerplate mortgage gift letter template for you to use.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. LIHP will allow a gift letter from an immediate family member stating that the money provided is in the form of a gift and will not have to be repaid. A gift letter must contain the donor's name, the gift's value, confirmation that the gift is not to be repaid, and the donor's signature. If the money was gifted to both of you, then the answer is simple. The money is a marital asset and will be divided equitably in the divorce. A gift letter is a note from a donor to your lender regarding cash funds for your mortgage down payment. I did not cause this mess, and am only trying to help.