A gift letter is when an individual gives you money for a down payment as a gift, that person must write you a gift letter so that it can be included in your loan documentation.
Charles SantAngelo & HomeSmart Real Estate Charles Ph: 602-620-5700 - Fax: (602) 889-2586
3131 East Camelback Road #125
Phoenix, AZ 85016 www.AZ-HomesAndLoans.com