Gift Letter Template - Atlantic Coast Mortgage, Llc

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Atlantic Coast Mortgage, LLC
FHA GIFT LETTER
Date: _______________
Loan Number:
Property Address:
To Whom it may concern:
I/we, _________________________________________________________________________
Name of Donor(s)
Phone Number
______________________________________________________________________________
Address
City, State & Zip
The Donor(s) do hereby certify that I/we ____ will give or ____ have given as the
_____________________________________________________________________________
Relationship(s) to Recipient(s)
of __________________________________________________________________________
Recipient(s) of Gift
a gift in the amount of $ ____________. This is a bonafide gift, and there is no obligation,
expressed or implied, to repay this sum at any time. The gift funds were not made available to
the donor(s) 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.
These funds are available and
____ will be given no later than the closing date or
____ have been given to the recipient(s) to be used for the purchase of property located at
the address above.
The source of the gift is from my:
___________________________________________________________________________
Savings, Checking or Credit Union, etc
Located at ___________________________________________________________________
Address of Source
Account Number
_____________________________________
_________________________________
Signature of Donor(s)
Date
_____________________________________
_________________________________
Printed Name(s) of Donor(s)
Date
_____________________________________
_________________________________
Signature of Related Borrower
Date
WARNING: Section 1010 o Title 18, U.S.C. Federal Housing Administration transactions
provides: “Whoever, for the purpose of influencing in any way the action of such
Administration makes, passes, utters, or publishes any statement, knowing the same to be
false, shall be fined not more than $5000 or imprisoned not more than two years, or both.”

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