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.Yes, all lenders will require a gift letter. Although you may have the funds, the lender needs to confirm that you won't have to repay the gift. A short letter like this sample gift letter will cover all of the requirements your lender needs. 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. 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 gift letter, from the donor to the lender, includes the donor's name, address, and phone number. This document is a gift letter used to document gifts of funds, equity in a property, or a site that are given in relation to a mortgage loan. Your mortgage gift letter or others need to include all the basic information so that you don't have to face any problems in the future.