A gift letter for a mortgage verifies the source of a homebuyer’s gifted down payment funds. The gift letter proves that the funds are in fact a gift and don’t have to be repaid, and that the ...

But you'll need what's known as a "gift letter." A mortgage gift letter is a notice from your donor declaring that the down payment funds have been given to you as a gift. It shows a mortgage ...

By proactively communicating, you’ll be better equipped to get all the documents your lender needs to approve your loan. A letter of employment is a document from an employer verifying an ...