Gift Letter Template For Home Loan - Cason Home Loans

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Gift Letter
I,
Name of Donor
Donors Telephone Number
am the
Complete Address of Donor
Relationship
of
and I am giving to
Name of Applicant(s)
Him/Her/Them
the sum of
$
which is a gift for the purchase of the
Amount of gift
home located at
Address of Home Being Purchased
funds are intended solely as a gift without obligation for repayment.
Source of Gift Funds
The above Gift Donor certifies that the source of the above described gift came from the
following bank and account.
The Gift Donor attests that the funds given to, or to be given to the homebuyer
were/are not made available to the donor from any person or entity with an interest in the sale of the property
including the Seller, Real Estate Agent or Broker, Builder, Loan Officer, or any entity associated with them. (This
statement does not apply if the gift is a gift of equity from the seller who is a blood relative of the buyer.)
Name of Bank:
Bank Address:
City, State, Zip:
Account number that gift money came from:
Check number if gift was given by personal check:
Date of withdrawal if gift was by cashiers check:
The following must be stapled to this gift letter:
* Gift must be given in the form of a cashiers check or a personal check, if personal
check then must provide a copy of the cancelled check.
* Donor must provide a 30 day Bank statement.
Note: You cannot give money as a gift that did not come from your bank account.
Signature of Donor(s)
Signature of Donors(s)
The above information is required pursuant to U.S. Department of Housing and Urban
Development Handbook 4155.1 Rev 04 Section (2-10). Your Congressman is partly responsible
for the creation of these rules. This form was completed to try to assist you in the documentation
required to satisfy this rule.
Warning: Section 1010 of Title 18, U.S.C., “Federal Housing Administration Transactions,
“PROVIDES” whoever, for the purpose of…influencing in any way the actions of such
Administration…makes, passes, utters, or publishes any statement knowing the same to be
false…shall be fined not more than $5,000.00 or imprisoned not more than two years, or both.
Signature of Borrower(s)
Signature of Borrower(s)
Date
Date
giftltr.docx
revised 03/19/2004

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