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.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 must contain the donor's name, the gift's value, confirmation that the gift is not to be repaid, and the donor's signature. We'll also show you how to write a gift letter with a gift letter template so you can help your donor prepare for underwriting. The following templates include all the necessary verbiage for a gift letter and should satisfy most lenders. What is included in a gift letter? A gift letter is a document certifying that your family member is giving you money to cover all or a portion of your down payment or closing costs. Financial gifts, such as gifting investments or paying off debt, can have a tremendous impact for the receiver. Explore 12 thoughtful financial gift ideas.