Other documentation requests may include copies of business licenses, gift letters for down payments, and proof that a student loan is in deferment. (themortgagereports.com)
The distinction between a genuine down payment gift and loan fraud is precisely why mortgage lenders require a mortgage gift letter to document that any gift you receive is exactly that. (hsh.com)
If you are getting money from a relative for the down payment, you have to get gift letters that state you have no obligation to pay them back. (firsttimehomefinancing.com)