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.A short letter like this sample gift letter will cover all of the requirements your lender needs. 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. 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. 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. If their gift is too large, they may have to fill out a gift tax form when filing returns. Here's what your gift letter should include: The donor's name, address and phone number.