North Carolina Gift Affidavit
Confirm that property or money has been given as a genuine gift in North Carolina with no expectation of repayment. Required by North Carolina mortgage lenders to document down-payment gifts and by the IRS when the gift value exceeds the annual exclusion.
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Download a blank PDF template to print and complete manually.
Download Blank TemplateNorth Carolina Gift Affidavit Affidavit — Frequently Asked Questions
Why does my mortgage lender need a gift letter?
Lenders must verify that down payment funds are truly a gift and not a hidden loan that would increase your debt. A signed gift affidavit from the donor stating the amount, the relationship, and that no repayment is expected satisfies underwriting requirements for conventional, FHA, and VA loans.
Does a gift affidavit need to be notarized?
It depends on who is requesting it. Most mortgage lenders accept a signed gift letter without notarization, while many DMVs and some banks require the gift affidavit to be notarized. Having it notarized is inexpensive and makes the document acceptable in nearly every situation.
How do I make a north carolina gift affidavit affidavit legally valid?
Fill in the north carolina gift affidavit affidavit, print it, and sign it in front of a Notary Public — do not sign beforehand. Bring a valid government-issued photo ID. Notaries are available at UPS Stores, banks, law offices, courthouses, and through online notarization services, and fees typically range from $2 to $25 per signature depending on your state.
Is this north carolina gift affidavit affidavit template free?
Yes. You can generate a completed north carolina gift affidavit affidavit PDF or download a blank printable template completely free, with no sign-up required. Your information is used only to generate the document and is not stored after the PDF is created.