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Gift Letter
Updated
January 19, 2023
A letter which is required by a borrower to present when using gifted funds to obtain a mortgage.
Graduated Payment Mortgage
Government National Mortgage Association (GNMA or Ginnie Mae)
Government Loan
Good Faith Estimate
Gift of Equity
Related Topics
When Is the First Mortgage Payment Due?
What Does Foreclosure Mean?
What Is a HELOC Loan?
Loan Default
Financial Considerations (For First-Time Home Buyers)
Mortgage Loan Types
Payment and Debt Ratios
Home Value: Appraised, Estimated, Actual