The letter must explain who is gifting the money, where the donor's funds are coming from and the relationship between the donor and the recipient. 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. A gift letter for a mortgage shows your lender that you don't need to repay gift money toward your down payment. A mortgage gift letter is a simple but essential document that assures lenders the funds you received are a gift, with no repayment expected. A gift letter is a note from a donor to your lender regarding cash funds for your mortgage down payment. The letter should include the exact dollar amount of the gift and the date of transfer. A gift letter is a letter stating that money you receive from a friend or family member is in fact a gift, not a loan. A gift letter from the donor to the recipient, detailing the amount gifted and its intended purpose. Note to Lender: If the donor has not yet given gift to recipient, provide verification that the donor has sufficient funds to do so.