Lenders generally provide a boilerplate mortgage gift letter template for you to use. Below is a typical gift letter template you can share with donors.The letter also must indicate that the money is a gift and that there is no expectation of repayment. 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. Download Adobe Reader or use other PDF software to view PDF forms. Most DMV forms can be saved and filled out on your computer. The letter should state that the gift is intended to help the borrower make a down payment and that the donor has no expectation of repayment. The purpose of this letter is to document that the money does not need to be repaid as well as the donor's name, contract information, and relationship to you. Keep in mind, the amount of the transfer must match what's stated in the gift letter.