Posted by Sandy on March 28, 2001 at 20:20:52:
Once you go to a lender and say the funds will be a gift, there is a letter, sort of an affidavit, that needs to signed by the person giving the gift. The only other thing needed is a copy of the check from the account of the gift-giver written to you.
The lender doesn’t need bank statements. They just want to verify that the account really does exist and that the funds being gifted to you are there.