Introducing Referent – AI-native practice management software for modern law firms.
Explore ReferentDate: [Date]
To: [Lender Name / Mortgage Company Name]
Loan Officer, if known: [Name]
Address: [Address]
Subject: Gift Letter for Mortgage
Donor Name: [Full Legal Name]
Address: [Street Address]
City, State, ZIP Code: [City, State, ZIP Code]
Phone Number: [Phone Number]
Email Address: [Email Address, if desired]
Borrower Name: [Full Legal Name]
Co-Borrower Name, if applicable: [Full Legal Name]
Property Address, if known: [Property Address]
My relationship to the borrower is:
☐ parent
☐ grandparent
☐ sibling
☐ child
☐ fiancé / fiancée
☐ domestic partner
☐ other: [Describe]
I am giving the borrower a gift in the amount of:
[$Amount]
The funds are intended to be used for:
☐ down payment
☐ closing costs
☐ prepaid expenses
☐ other mortgage-related costs: [Describe]
I certify that these funds are a true gift to the borrower.
No repayment is expected or required, either now or in the future.
These gift funds were not made available to me by any person or entity with an interest in the sale of the property, unless otherwise disclosed here:
[Insert details or write “None”]
The gift funds were or will be provided by:
☐ personal check
☐ cashier’s check
☐ wire transfer
☐ electronic transfer
☐ other: [Describe]
Date funds were transferred or will be transferred: [Date]
Financial institution name, if desired: [Bank Name]
Additional information regarding this gift, if any:
[Insert details]
I certify that the information in this letter is true and correct to the best of my knowledge.
Donor Signature: __________________________
Name: [Full Legal Name]
Date: [Date]
I acknowledge receipt of the gift funds described above and confirm that these funds are not a loan and do not require repayment.
Borrower Signature: __________________________
Name: [Full Legal Name]
Date: [Date]
Co-Borrower Signature, if applicable: __________________________
Name: [Full Legal Name]
Date: [Date]
Attached, if required:
☐ donor bank statement
☐ copy of check or wire confirmation
☐ borrower deposit record
☐ other: [Describe]
Each template already follows legal structure and best practices.
The agreement is automatically filled and adapted to your inputs.
Check the generated document, make edits if needed, and download a ready-to-use agreement.
Click below for detailed info on the template.
For quick answers, scroll below to see the FAQ.
Frequently asked
A gift letter for a mortgage is a written statement used to document that money being given to a borrower for a home purchase is a true gift and not a loan. Mortgage guidelines from Fannie Mae, Freddie Mac, and FHA all require gift funds to be supported by a signed gift letter.
You need a gift letter for a mortgage to show the lender where the funds came from and to confirm that the donor does not expect repayment. Official guidance commonly requires the donor’s name, address, phone number, relationship to the borrower, the gift amount, and a no-repayment statement.
Use a gift letter when a borrower is using gifted funds toward a down payment, closing costs, or other allowed mortgage-related funds and the lender requires documentation of the gift. Lenders may also require evidence of transfer or receipt of the gift funds in addition to the letter itself.
Start with the donor’s full name, address, phone number, and relationship to the borrower. Then state the exact gift amount, identify the property if known, and clearly say that the money is a gift and that no repayment is expected or required. Depending on the loan type, the lender may also want borrower signature and evidence showing the transfer of the funds.
AI Lawyer can help by organizing the letter into clear sections so each reviewer can find the donor details, gift amount, and no-repayment language quickly. It can also add internal reference fields and placeholders that make updates easier to track. A consistent structure helps reduce repeated edits and lowers the chance of missing key details like donor relationship, borrower name, or transfer date before the letter is submitted.
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