Gift letters are personal testimonials from anyone who has given a borrower a gift large enough for a lender to require that the borrower prove that these 'gifts' were not loans in disguise. There is no set amount that will trigger a request for a gift letter, but cash wedding gifts are often enough to cross this threshhold. It is recommended that a borrower investigate this with their lender in advance to avoid a rushed (and often embarassing) plea to gift-givers to substantiate their gift in a written letter.
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