Pin down the specifics of the property in question. Clearly state the property's address, ensuring there's no ambiguity about where the gift funds are intended.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. 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. WITNESS my hand and official seal hereto affixed the day and year first above written. NOTARY PUBLIC in and for the state of Washington. Use these stepbystep instructions for accepting a cash downpayment gift on a home, including a readytouse mortgage gift letter template. A down payment gift letter simply states that the donor does not expect any form of repayment. It states how much you're getting and from whom.