Gift Funds (Gift Letter)

Money given to you that doesn’t need to be repaid.

If you’re receiving gift funds to make a purchase, we will need to verify the funds are coming from an appropriate source — such as a relative, fiancé or fiancée, or a domestic partner — and in an appropriate manner.

Each gift requires a separate letter signed by you and the donor that provides all of the following:

• Donor’s phone number, including area code, and name and mailing address, including the street, city, state, and ZIP code
• Gift amount and verification of the gift funds transfer
• Recipient (must be you) and your relationship to the donor
• Address of property being purchased, including the street, city, state, and ZIP code
• Location of funds, either your or donor’s account; depository name, address, and account number