A gift letter is a critical document used to formally confirm that money or assets given to an individual are a true gift, not a loan, and do not require repayment. Gift letters are commonly required in mortgage applications, real estate transactions, education funding, and personal financial records.
Without proper documentation, financial gifts may raise questions or delay approvals. Free gift letter templates in Word and PDF provide a structured, professional way to document gifts clearly, accurately, and compliantly.
This article presents 32+ free gift letter templates, available in Word and PDF formats, suitable for lenders, borrowers, families, and financial institutions.
What Is a Gift Letter?
A gift letter is a formal written declaration stating that funds provided to an individual are a gift and not a loan.
A standard gift letter typically includes:
- Donor’s full name and contact details
- Recipient’s name
- Gift amount
- Date the gift was provided or will be provided
- Statement confirming no repayment is required
- Relationship between donor and recipient
- Signatures and date
Gift letters help establish financial transparency.
Why Use Free Gift Letter Templates?
Using free gift letter templates offers several important advantages.
Key benefits include:
- Clear and standardized documentation
- Faster approval for mortgages or loans
- Reduced risk of compliance issues
- Professional formatting
- Easy customization for specific situations
Templates help ensure all required details are included.
32+ Free Gift Letter Templates (Word and PDF)
Below is a curated collection of free gift letter templates, organized by use case and format.
Mortgage and Real Estate Gift Letter Templates (1–14)
- Mortgage Gift Letter Template
- FHA Gift Letter Template
- Conventional Loan Gift Letter
- Real Estate Down Payment Gift Letter
- Lender-Required Gift Letter Template
- Family Gift Letter for Home Purchase
- Gift Letter for First-Time Homebuyer
- Bank-Approved Gift Letter Format
- Property Purchase Gift Letter
- Co-Borrower Gift Letter Template
- Simple Mortgage Gift Letter
- Formal Real Estate Gift Letter
- Editable Gift Letter for Lenders
- Printable Mortgage Gift Letter (PDF)
Personal and Family Gift Letter Templates (15–24)
- Family Gift Letter Template
- Gift Letter from Parents
- Gift Letter from Relative
- Personal Monetary Gift Letter
- Informal Gift Letter Template
- Gift Letter for Large Cash Gift
- Gift Letter for Education Expenses
- Gift Letter for Financial Support
- Simple Gift Letter (Word)
- Printable Personal Gift Letter (PDF)
Professional, Legal, and General Gift Letters (25–32+)
- Legal Gift Letter Template
- Notarized Gift Letter Template
- Gift Letter with Bank Statement Reference
- Formal Financial Gift Letter
- Professional Gift Declaration Letter
- Gift Letter with Supporting Documents
- Universal Gift Letter Template
- Complete Gift Letter Templates Pack
Word vs PDF Gift Letter Templates
Each format serves different documentation needs.
Word Gift Letter Templates
- Fully editable
- Easy customization for lenders or institutions
- Ideal for revisions and personalization
PDF Gift Letter Templates
- Print-ready
- Fixed, professional layout
- Suitable for submission and recordkeeping
Many users prepare gift letters in Word and submit final versions as PDFs.
Best Practices for Using Gift Letter Templates
To ensure acceptance and compliance:
- Confirm lender or institution requirements
- Use accurate names and amounts
- Clearly state that repayment is not required
- Include signatures and dates
- Keep copies for records
Proper documentation helps avoid delays.
Common Mistakes to Avoid
When preparing gift letters, avoid:
- Missing required donor information
- Vague repayment language
- Incorrect gift amounts
- Unsigned letters
- Using outdated templates
Avoiding these errors improves approval success.
Frequently Asked Questions
Are gift letters legally binding?
They are formal declarations and may be reviewed by lenders or institutions.
Can gift letters be used for mortgage applications?
Yes. They are commonly required for home loans.
Are these templates editable?
Yes. Word templates are fully editable; PDFs are print-ready.
Do gift letters require notarization?
Only if specifically required by a lender or authority.
Conclusion
Gift letters are essential documents for confirming the nature of financial gifts and ensuring transparency in personal and institutional transactions. The 32+ free gift letter templates in this guide provide structured, professional formats for documenting gifts clearly and confidently.
With templates available in Word and PDF, individuals and families can prepare compliant gift letters that support smooth approvals, accurate records, and peace of mind.
