Gift Letter - Va/fha/conventional
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1Gift Letter
VA/FHA/Conventional
To Whom It May Concern:
I/We, ___________________________________________________________________
Do hereby certify that I/We, Am/Are making a gift of $__________________ to My/Our
______________________, _________________________, _______________________
(Relationship)
(Full name of Recipient(s))
To be applied toward the purchase of the following listed property,
________________________________________________________________________
I/We certify that there is no repayment expected or implied on the Gift, either in the form
of cash or by future services.
I/We certify that the funds given to the HomeBuyer were not made available to donor
from any person or entity with an interest in the sale property.
WARNING:
Section 1010 of Title 0, U.S.C. Department of Housing and Urban
Development Transactions provides that, “Whoever for the purpose…influencing in
any way the action of such department…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.”
Borrower’s and Donor’s certification and acknowledgment of the above warning:
__________________________ __________ ________________________ ________
(Borrower’s Signature)
(Date)
(Borrower’s Signature)
(Date)
__________________________ __________ ________________________ ________
(Donor’s Signature)
(Date)
(Donor’s Signature)
(Date)
________________________________________________________________________
(Donor’s complete address, including zip code)
________________________________________________________________________
(Donor’s Telephone number, including area code)
REQUIRED GIFT LETTER CRITERIA
VA/FHA/CONVENTIONAL SIGNED GIFT LETTER
DOCUMENT WITHDRAWAL FROM DONOR’S ACCOUNT
DOCUMENT DEPOSIT BORROWER’S ACCOUNT OR CASHIERS CHECK AT CLOSING
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