DH Templates

Where can I find a real estate gift letter template?

My parents are selling me their home, the value of the home is $120,000 and they are selling it to me for $80,000. The equity in the home is my inheritance. The mortgage company needs a gift letter, where can I find one?

Public Comments

1. If you or your parents can't write a letter saying they are giving you the equity, estimated or agreed to be $80,000, then you need more help than a "template" can offer. And make sure they understand there may be tax consequences depending on the value of the rest of their estate and prior gifts.
2. Read this one. It might give you some ideas of what needs to be included in the letter. Your loan officer should have a template readily available via email.