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Gift Letter (for a mortgage)
NextGen Docs form ND-1023. Search ND-1023 on docs.ngz.ca to make this document again.
A family member confirms money for your down payment is a gift, not a loan, as banks require.
Start this document FreeHow it works
What you will fill in
- Name of the person giving the money
- Their relationship to the buyer
- Buyer's full name(s)
- Gift amount ($)
- Address of the home being bought
- Giver's phone number
- Date signed
Good to know
- Most lenders accept gifts only from immediate family.
- Lenders usually also want a bank statement showing the money in the buyer's account.
Help in your language
Every question comes with help like this. For example, “Name of the person giving the money”:
English: Usually a parent, grandparent, brother or sister.
اردو: عام طور پر والدین، دادا دادی یا بہن بھائی۔
ਪੰਜਾਬੀ: ਆਮ ਤੌਰ ਤੇ ਮਾਪੇ, ਦਾਦਾ-ਦਾਦੀ ਜਾਂ ਭੈਣ-ਭਰਾ।
हिन्दी: आमतौर पर माता-पिता, दादा-दादी या भाई-बहन।
Français: En général un parent, un grand-parent, un frère ou une sœur.
Questions people ask
How much does the Gift Letter cost?
It is free to fill in, preview and download.
Can I fill in the Gift Letter in Urdu, Punjabi, Hindi or French?
Yes. The finished document is in English, but every question has plain help in English, Urdu, Punjabi, Hindi and French, and you can speak your answers.
Do I need a lawyer?
Many people use this document on their own. If your situation is complicated, or a lot of money or your home is involved, talk to a lawyer or licensed paralegal. In Ontario, the Law Society Referral Service (findlegalhelp.ca) gives a free 30-minute consultation.
Is my information private?
Only you can see your answers. They are saved on your device, and in your own account if you sign in, so you can finish on another device. NextGen Docs is not a law firm and does not give legal advice.