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. While conducting business with Wayne Bank there are often forms the bank needs to have completed to process a request.A gift letter for a mortgage is a legal, written statement your lender may require if you're gifted cash to buy a home. Bank is making us fill out "Gift Letter" Paperwork? How to write a gift letter. Below is a template for a gift letter, useful when family or friends want to help you with a loan downpayment. The person who gives you the funds will be required to provide bank statements in addition to a gift letter to verify were the money originated. Edit, sign, and share GIFT LETTER - Hallmark Home Mortgage online. No need to install software, just go to DocHub, and sign up instantly and for free. 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.