Get Gift Letter Borrower Names: Property Address: Please Complete The Information Below In Your Own

Filling out a gift letter is an essential step in the process of securing financing for a property purchase. This guide provides clear instructions to help you navigate the completion of the GIFT LETTER form accurately and efficiently.

Follow the steps to complete your gift letter online.

1. Click ‘Get Form’ button to obtain the GIFT LETTER form and open it in the editor.
2. Begin by filling in the borrower names section at the top of the form. This section requires the full names of all borrowers involved in the property purchase.
3. Next, provide the property address where the gift funds will be applied. Ensure that you include the complete address, including street, city, state, and zip code.
4. In the section where it says 'I, ____________________________________________', write the full name of the donor — the individual providing the gift.
5. Continue by filling in the donor's city and state of residence in the designated spaces.
6. Indicate the relationship between the donor and the applicant by completing the section that asks for the relationship to the applicant and the applicant's name.
7. Choose whether the gift has already been given or will be given by checking the appropriate box.
8. Specify the gift amount in the provided space. Ensure that it accurately reflects the intended contribution towards the property purchase.
9. Fill in the applicant’s name again under the section for the property address to clarify who the funds are being gifted to.
10. Include the bank name and address where the gift can be verified, as well as the account number if applicable.
11. If the funds were given on a specific date, enter that date in the indicated section.
12. Confirm that the funds are a true gift without any expectation of repayment by completing the final statement.
13. Finally, obtain the donor’s signature followed by the date, and complete the donor’s address, including city, state, and zip code, as well as a telephone number.

Complete your gift letter online now for a smooth property purchase process.