Your loan originator will prepare and assist you in getting the documentation for a gift that is acceptable for the lender. Do not prepare your own gift letters as they may not be approved by the lender.
Generally, for gift documentation, the donor will sign a gift letter indicating the funds do not need to be repaid and have been gifted for your purchase. They will provide the funds to you in the form of a certified check that you can bring to closing or if the lender prefers, will deposit into your account. Lastly, a printout or statement from the donor’s account showing the funds withdraw are required to show the funds were provided from their account.