---
title: "Document Updates: Gift Letter Language (Cx17342)"
description: Join the First American network of trusted title agents with comprehensive tools and resources.
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# Document Updates: Gift Letter Language (Cx17342)

May 4, 2021

 Topics: [Document Updates](https://compliance.docutech.com/tag/document-updates)

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Most loan programs allow for gifts to be given to the borrower to help alleviate costs associated with the loan. A gift letter describing the gift specifics, filled out by the gift donor, is typically a required step. However, different agencies specify slightly different language requirements for the gift letter. For example, FHA requires that the gift letter contain a statement that “…no repayment is required.” FNMA, on the other hand, requires a statement that “…no repayment is expected.” Due to the slightly different language requirements, and the possibility that an FHA loan may be sold to FNMA, we are adjusting the language on our standard Gift Letter (Cx17342) to incorporate the wording for both agencies, as follows:

“I state that no repayment of this gift is expected or required.”

This minor change will be effective immediately. Questions or concerns about this change should be directed towards Client Support at 1.800.497.3584.

*DR 343156*

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The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.

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