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Sample Gift Letter for Mortgage in NYCIf you’re borrowing money from parents for your home purchase down payment, lenders will want to see a gift letter for mortgage approval in NYC.Many first time home buyers in NYC need a little help with their down payment. Often times parents or other family members will be able to step in to save the day. It’s important to keep in mind that banks today will want to see typically 2 or 3 months of statement history for your bank accounts. If your gift was received more than 2 or 3 months ago, then you will likely not need a gift letter. However, if the gift was recently received or if it is still in your parents’ account, then you’ll need a gift letter for mortgage to verify that the gift is bona fide and comes with no strings attached.Even if you’re purchasing a property all cash without a mortgage, a seller or co-op board may want to see a gift letter to explain your source of funds. This is less common when buying a condo in NYC, but should be expected if you’re buying a co-op in NYC. The co-op board will be reviewing all of your finances during the purchase application process and will want a gift letter if you’re receiving help from family members, even if you don’t plan on getting a mortgage.Check out a sample gift letter for mortgage in its original formatting here: What does a sample gift letter for mortgage look like in NYC?Sample Gift Letter for MortgageFeel free to write something more personal and informal if the gift letter is only for a co-op board or seller who wants to verify the gift. Please see below for a sample gift letter for mortgage for a New York City real estate transaction.123 Willowby RoadNew York, NY 10012August 12th, 2015Dear Sir or Madam,We, Michael Dudley and Laura Dudley intend to make a gift of $500,000 to Chester Dudley, our son, to be applied toward the purchase of the property located at 123 Manhattan Avenue, New York, NY 10025.There is no repayment expected or implied in the gift, either in the form of cash or by future services, and no lien will be filed by us against the property.The source of this gift is Cherokee Bank.Signatures of DonorsMichael DudleyLaura DudleyTelephone number: 212-215-8484Sample Gift Letter for Mortgage - Bank TemplateIf the gift letter is for your mortgage lender, they’ll typically want to see something more formal on a standardized form like the one we’ve included below.Gift LetterEach section of the Gift Letter must be fully completed including dates and signatures of donor and recipient (borrower). Read this form carefully and be prepared to follow these instructions exactly.I. General InformationI, [Donor(s)] of [Donor’s Mailing Address] [Donor’s phone] will give (or have given) a gift of $[Amount] to [Recipient (borrower)] my [Relationship – if not a relative, state clearly defined interest in borrower] in time to close the mortgage transaction on the purchase of the property located at [Address]II. Location of FundsThe location of funds must be indicated unless the donor is an immediate family member providing equity credit on the property being sold.If funds are verified on deposit as of the date of application, the funds are in the borrower’s account at: [Borrower’s Account Information: Depository name, address and account number]ORIf funds are given after application, the funds are in the donor’s account at: [Donor’s Account Information: Depository name, address and account number]III. Donor/Recipient CertificationThis is a bona-fide gift, and there is no obligation, expressed or implied either in the form of cash or future services, to repay this sum at this time. The funds given to the homebuyer were not made available to the donor from any person or entity with an interest in the sale of the property including the seller, real estate agent or broker, builder, loan officer, or any entity associated with them.WARNING: Section 1010 of Title 18, U.S.C. Department of Housing and Urban Development Transactions provides, “Whoever, for the purpose of … influencing in any way the action of such Department… makes, passes, utters, or publishes any statement, knowing the same to be false… shall be fined not more than $5,000 or imprisoned not more than two years, or both.”Donor Signature | DateRecipient Signature | DateIV. DocumentationDocumentation verifying availability, transfer, and receipt may be required. Review the Lenders Commitment Letter for any specific required documentation.Please Return to: [Address]Disclosure: Hauseit and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

Civilians holding Arms Licence are allowed to purchase only Non-Prohibited Bore (NPB) category weapons as mentioned above. Officers and other employees of the Armed Forces can also purchase these weapons if they obtain the Arms Licence from the Licensing Authorities. Sale of these weapons is done strictly as per the provisions of the Arms Act, 1959 and the Arms Rules, 1962.Sale Through Arms Dealers: Following NPB Arms and Ammunition are sold through the licensed arms dealers spread across the country. A customer can contact any dealer near to his place for his requirements.Direct Sale from Factories: Names of weapons sold directly from the factories are given below along with address and telephone numbers of the corresponding factories. Besides the main factories, some other factories are also selling .32 revolver / pistol as sale outlets (details available below).A customer has to book an order for his licensed weapon at the respective factory by applying in prescribed application form. Forms can be obtained from the factory or printed from this website through links given at the bottom of this page. Weapons are issued as per serial of booking and have to be collected personally from the factory. Factory intimates the customer in advance the date of collection and other formalities to be completed for purchase of weapon. Marketing section of the factory should be contacted for any query or assistance in purchase of the weapon.N.B.: The telephone numbers of factories are given below. Please contact the Marketing section of the respective factory for any query or assistance in purchase of weponsFollowing documents are required for issue of weapons from factoriesOriginal valid arms licence showing entitlement for the weapons with valid date and valid purchase period date; if in other language, should be translated in English or Hindi and attested.One attested photo-copy of the same licence.Two copies of No Objection Certificate (NOC) from Licensing Authority- one copy for factory and other copy for Police Authorities.Transport Licence (T/L) from Police/Licensing Authorities of the place where factory is located.In case your licence is valid for All India or for the state where factory is located, then No Objection Certificate & Transport Licence are NOT required.Weapons will not be issued on authority. However, delivery is permissible on behalf of the customer only to RETAINER. In that case, the name of the retainer must be endorsed in the Arms Licence along with passport size photo duly stamped/countersigned by the licensing authority. The retainer must also bring from the customer an authority letter for collecting the weapon, wherein the retainer's signature is attested by the customer.0.22" Sporting RifleThis weapon is sold directly from the following factory, in addition to sale through dealers.The General Manager,Rifle Factory,Ishapore,P.O. Nawabgunj, Dist. 24- Parganas (N).West BengalPIN - 743144(033) 25937119-23Rs. 39,500 plus taxes as applicable0.315" Sporting RifleThis weapon is sold through dealers.The General Manager,Rifle Factory,Ishapore,P.O. Nawabgunj, Dist. 24- Parganas (N).West BengalPIN - 743144(033) 25937119-23Rs. 58,000 plus taxes as applicableThe General Manager,Ordnance FactoryTiruchirapalli,Tamil NaduPIN - 620016(0431) 2581291-95Rs. 58,000 plus taxes as applicable

You can find your application from in this link for your Gun.Arms Licence |You can find further details in this link.http://ofbindia.gov.in/index.php?wh=Purchase#HowCivilians holding Arms Licence are allowed to purchase only Non-Prohibited Bore (NPB) Officers and other employees of the Armed Forces can also purchase these weapons if they obtain the Arms Licence from the Licensing Authorities. Sale of these weapons is done strictly as per the provisions of the Arms Act, 1959 and the Arms Rules, 1962.Sale Through Arms Dealers: Following NPB Arms and Ammunition are sold through the licensed arms dealers spread across the country. A customer can contact any dealer near to his place for his requirements.0.32" Pistol0.32" Revolver(mk-III, mk-IV, Anmol & Nirbheek)0.315" Sporting Rifle0.22" Sporting Rifle0.22" RevolverSporting ammunition of all types30-06 Sporting RifleDirect Sale from Factories: Names of weapons sold directly from the factories are given below along with address and telephone numbers of the corresponding factories. Besides the main factories, some other factories are also selling .32 revolver / pistol as sale outlets (details available below).A customer has to book an order for his licensed weapon at the respective factory by applying in prescribed application form. Forms can be obtained from the factory or printed from this website through links given at the bottom of this page. Weapons are issued as per serial of booking and have to be collected personally from the factory. Factory intimates the customer in advance the date of collection and other formalities to be completed for purchase of weapon. Marketing section of the factory should be contacted for any query or assistance in purchase of the weapon.N.B.: The telephone numbers of factories are given below. Please contact the Marketing section of the respective factory for any query or assistance in purchase of weponsFollowing documents are required for issue of weapons from factoriesOriginal valid arms licence showing entitlement for the weapons with valid date and valid purchase period date; if in other language, should be translated in English or Hindi and attested.One attested photo-copy of the same licence.Two copies of No Objection Certificate (NOC) from Licensing Authority- one copy for factory and other copy for Police Authorities.Transport Licence (T/L) from Police/Licensing Authorities of the place where factory is located in case your licence is valid for All India or for the state where factory is located, then No Objection Certificate & Transport Licence are NOT required.Weapons will not be issued on authority. However, delivery is permissible on behalf of the customer only to RETAINER. In that case, the name of the retainer must be endorsed in the Arms Licence along with passport size photo duly stamped/countersigned by the licensing authority. The retainer must also bring from the customer an authority letter for collecting the weapon, wherein the retainer's signature is attested by the customer.